Three things changed in the Dhaka land market between late 2024 and the first quarter of 2026, and the market narrative has not yet caught up with any of them.
First — single-use commercial land outside the CBD is sitting longer. Second — vacancy rates on greenfield residential towers are climbing, partly demographic, partly because the financing stack has compressed. Third — mid-rise mixed-use is quietly clearing.
We have spent the first half of 2026 rebalancing the 18-month pipeline to lean into the third trend. Two greenfield single-use sites have been paused; three mixed-use parcels have been added in their place.
The trade-off is timeline. Mixed-use takes longer to permit, longer to build, and pays back slower. But the cashflows are durable across cycles in a way that pure commercial isn't right now.