Commercial guidance rates, which are the government-specified minimum property prices for registration purposes, have recently been revised across key business zones. This adjustment reflects the growing demand and rising market values in prime commercial areas such as central business districts, retail hubs, technology corridors, special economic zones, and logistics parks. The revision typically results in higher baseline property values, leading to increased stamp duty and registration fees for buyers. It also enables sellers to command better prices, aligning official transactions more closely with actual market trends and reducing the scope for undervaluation in property dealings.
For investors and developers, the revised guidance rates mean a reevaluation of project costs, expected returns, and market strategies, especially in high-demand zones. The government’s move to update these rates aims to ensure fairer revenue collection, promote transparency in real estate transactions, and reflect the rapid urban development in these areas. While the revision strengthens the real estate market’s structure, it also brings new financial considerations for all stakeholders involved in commercial property activities.