Property · Building · Design
Featured company: Risland New Zealand Reason for selection: With a craftsperson's dedication, Risland continually refines the safety, health, appearance, affordability, functionality and dur
In 2020, the COVID-19 pandemic and the economic crisis it triggered hung like a dark cloud over our lives and work, surrounding us with unease and anxiety. Reassuringly, after the initial sh
Massey University and NZCBIA explore university–industry collaboration in construction Businesses are eager for talent, universities need to develop graduates who meet industry needs, and re
The land subdivision and development process is complex and demanding, well beyond what ordinary investors and developers can readily handle. YIJU New Zealand therefore joined forces with the New Zealand Chinese Building Industry Association (NZCBIA) to present a seminar series asking: ‘In this golden age of subdivision, can anyone manage a land subdivision project?’
Land subdivision is a highly involved process. Every field and stage carries varying degrees of risk, all of which can affect development costs, timelines and returns. The first—and most important—step is to secure sufficient funding.
Central locations, convenient public transport, easy upkeep and secure living: these advantages are why many owners buy apartments. But is apartment living really as convenient as it seems? Once you have bought an apartment, can you truly stop worrying and enjoy a lock-and-leave lifestyle?
New Zealand currently has no gift tax or inheritance tax, and capital gains tax applies only to a very limited range of net investment gains. For example, the bright-line test requires tax to be paid on profits from buying and selling residential property within five years, excluding main homes, relationship property and inherited homes.
As a development engineer at Auckland Council, Ethan Fu’s day-to-day work mainly involves reviewing and approving resource consent and EPA applications for land development projects under the Auckland Unitary Plan. As a result, Ethan encounters a wide range of land development cases and often helps friends resolve related issues. At the invitation of YIJU New Zealand, Ethan is sharing his experience in land planning and development with the magazine’s readers for the first time.
Limited listings, unprecedentedly low interest rates, the prospect of further rate cuts and adjustments to loan-to-value ratio (LVR) lending restrictions… Together, these factors are pushing the property market in Auckland and across New Zealand to successive new highs.
As we all know, land development is a complex process, from buying and subdividing land to planning and construction. To improve your chances of success and maximise investment returns, understanding every step from planning to completion is only the basic prerequisite. Once you have that foundation, what else should you do, and how? YIJU New Zealand invited professionals from design consultancy Envivo to reveal nine essential factors for improving your chances of land development success.
If you follow the property market, you will have noticed a wave of record-breaking land sales across Auckland recently!
Among G20 countries, New Zealand ranks second on the housing unaffordability index. It has become a country with some of the world's least affordable housing, particularly in Auckland, where medium- and high-density residential development has become an inevitable response to the housing crisis. This also explains the recent succession of record-breaking land sales at residential auctions, with large properties in areas allowing medium- and high-density housing particularly sought after.