The ongoing revision of the city’s master plan is expected to unlock significant tracts of low-guidance commercial land, creating new opportunities for development and investment. Many of these parcels, previously undervalued due to outdated zoning classifications or limited infrastructure support, are likely to be re-designated for higher-intensity commercial activities under the revised planning framework. With improved connectivity, infrastructure upgrades, and changing urban dynamics, these areas are poised to experience a surge in demand once the new master plan is finalized, prompting a reassessment of their market potential and future growth prospects.
Unlocking low-guidance commercial land through strategic planning revisions is seen as a way to decongest overburdened central business districts and promote more balanced urban expansion. It offers developers the chance to tap into relatively affordable plots that can be transformed into retail complexes, office spaces, mixed-use developments, or specialized commercial hubs. The expected increase in activity around these areas will not only drive higher property valuations over time but also stimulate infrastructure investments, job creation, and broader economic development.
For investors, businesses, and developers, the master plan revision represents a window of opportunity to secure assets at favorable entry points before guidance rates are formally revised upward. Authorities anticipate that by bringing undervalued commercial land into active urban circulation, the city can support more inclusive growth, attract diversified investments, and foster the development of dynamic new economic centers that complement existing commercial corridors. This strategic move is positioned to play a vital role in shaping the city’s future real estate and economic landscape.