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How do I compare demand for residential, commercial, industrial property and land?
Compare the intended users, not just price per square foot. Check residents' needs for housing, customer access for shops, logistics and utilities for industry, and lawful practical use for land. NAPIC transaction and stock categories describe markets; they do not establish a particular lot's permitted use or guarantee a tenant.
What to do next
Define the target occupier and list their essential access, space, utility and operating requirements.
Compare dated local evidence within the same property type; record competing supply and what remains unknown.
Have a lawyer check the title and the relevant land office/local authority confirm use and approval requirements.
Marketing names and statistical categories are not title conditions. Changing use may require approvals; it is not automatic.