For the purpose of Land banking, there are factors you should consider:
ACCESSIBILITY: Nearness to a tiled road / accessible road
GOOD DOCUMENTATION: always verify the documents on the land which varies from gazette, Certificate of occupancy or Government approved excision letter. Some landed property might still have this documents in process or yet to do it, No problem, you can always do that but make sure you get the DEED OF ASSIGNMENT which proves the sales contract between you and the seller or transfer of Ownership.
Registered survey is very important at this early stage, so always request for it.
ENGAGE PROFESSIONALS: It is important to engage professionals who are on the field to give you better insight on the market value, location and possible future developments.
BUY FROM A CREDIBLE REAL ESTATE COMPANY: this reduces your work and less stress for you, it gives better guarantee on the property and most often less problematic.
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