Land Prices on the Outskirts Double as Cities Expand

Urban expansion is transforming the property markets surrounding major cities.

Land that was once considered too far from established communities is becoming increasingly attractive as roads, businesses and residential developments move outward.

This expansion can create significant opportunities for landowners and developers.

It can also create challenges when infrastructure fails to keep pace with population growth.

Long-term planning will therefore be essential if expanding cities are to avoid congestion and inadequate public services.