Some people think that a good location is the only point that you should consider if you are looking for a piece of land. However, if you want to buy industrial land, there are several aspects you should consider, such as:
The Best Location Depends on The Type of your Industry
The first aspect that you should consider if you want to buy industrial land is a good location for your business. Industrial is different from residential land. Commonly, if people want to buy residential land, they tend to choose the location near to the city center, quiet and tend to avoid transportation centers like airports and train station.
However, if you want to buy industrial land, you expect your location near to the transportation access such as toll roads, train station, and airport to facilitate the delivery and could reduce the delivery cost.
Furthermore, before choosing the industrial land for your company, you should know your industry’s characteristic first. There are several industries that need certain electricity power and there is an industry that needs factory waste management.
The second aspect that you should consider if you want to buy industrial land is the infrastructure. Infrastructure plays an important role in the industrial business because some industries need certain facilities to operate.
Some plants need certain electricity power, while the other plants require large-scale storage, and there are also plants that require factory waste treatment services.
Therefore, make sure you choose the right location with a good transportation access such as toll roads, harbor, train station and airport. Good transportation access can reduce the transportation cost.
The other aspect that you should consider if you want to buy industrial land is the external factor. There are several external factors that you should understand, for example, the local regulations and laws in that area. You need to understand government policies such as industry regulations that applied locally and internationally.
Keep in mind to check the development of trade and industrial areas mapping in the location that you aim to buy. Although industrial business activities are not related to political activities, political stability will ensure that your business activities are not disrupted. Then, you should consider the safety aspect of that location.
Find the Right Time
Finally, the last aspect that you should consider if you are looking for an industrial land is to find the right time to buy it. As previously stated, Industrial land is different from the residential area. Then, the purchase strategy is also different from buying residential land because when the residential land price is decreasing, the price of industrial is not decreasing. Make sure you understand the right price for the industrial land, then choose the right time.
Those are 4 aspects that you should consider if you are looking for an industrial land. If you are aiming to have a strategic industrial land, you can choose Karawang New Industry City. Located in a strategic location and equipped by the world-class infrastructure make KNIC the right location to build a manufacturing company or to invest.