ABSTRACT
This chapter discusses the framework surrounding the selection of land for development. The acquisition of land, or space above land in the case of a strata title development, is usually the developer's first major decision when seeking to undertake a property development. The form of shelter varies substantially between different locations and regions depending on variations in climate, weather, crime, government policy as well as the availability of land and construction material. In order to increase the efficient use of land in urban cities an increasing emphasis has been placed on urban regeneration and the use of existing vacant sites. A landowner may take an active role in initiating the development process via a decision to sell the land or enter into partnership with a developer. The allocation of land within a government planning authority's development plan establishes the framework for the permitted use of land and therefore directly establishes its potential value for the purposes of development.
