Latitudedevelopment advisory
Notes

Latitude publishes what it learns.

Market notes, site studies and observations from development work in France and Southeast Asia. No newsletter, no gated downloads.

Note 01 · Development · [Month] 2026 · 6 min

The objection you hear is never the objection that matters

Every development that stalls, stalls for a stated reason. The density is too high. The access is unacceptable. The architecture does not fit the village. The commune is not ready.

In seven years of land development in France, I do not remember a single case where the stated reason was the real one. Not because people lie — they rarely do — but because the real objection is usually harder to say out loud, and sometimes the person holding it has not put it into words themselves.

What is actually being said

A neighbour who objects to a scheme's height is not usually objecting to the height. He is objecting to the fact that a field he has looked at for twenty years is going to become something else, and that nobody asked him first. The height is what the planning system gave him to write on the form.

A mayor who says the commune cannot absorb more housing is often saying that the last developer left a mess, or that the school is full and the funding for a second one is not, or that he faces an election in eighteen months and the file has become a liability.

A landowner who refuses your price is sometimes refusing your price. More often he is refusing to be the one who sold first, or the one who sold for less than his brother did, or he is holding out for a tax position that changes in two years.

None of these are unreasonable. All of them are invisible if you only read the formal objection.

Why this matters commercially

Because you cannot negotiate with the stated objection. If you answer the height complaint by lowering the building, you lose units and the neighbour objects to something else, because the thing he minded was never the height. You have paid a real price for nothing, and you have taught the other party that objections work.

Whereas the real objection is almost always negotiable — and usually cheaper than the stated one. The neighbour who wanted to be asked can be asked. The mayor who needs a school contribution can be given one, phased. The landowner who cannot sell first can be structured to sell third.

The skill is not persuasion. It is diagnosis.

How to find it

Three things work, and one thing does not.

Go bilateral, and stay bilateral for as long as possible. A joint meeting turns four private positions into four public ones, and a public position is much more expensive to move. People will tell you the real thing across a kitchen table and never in a room with the mayor in it. On a recent scheme near Toulouse — two hectares, four separate landowners, one of them the commune, one of them a competing developer — the file took more than thirty meetings across twenty-two months before anything was built. The construction itself took eight. That ratio is not a failure of the process. On a site like that one, it is the process.

Ask what a good outcome looks like, not what the problem is. The problem question invites the formal answer, which is the one already written down. The outcome question invites the real one, and people are surprisingly willing to answer it, because nobody usually asks.

Count the cost of the delay out loud, early, with the people causing it. Not as a threat — as information. Most parties blocking a scheme have never been shown what the block costs them: the owner whose land stays agricultural for four more years, the commune whose housing quota keeps accruing. That number changes conversations that argument does not.

What does not work is going to the formal process first. A scheme that arrives at consultation with the real objections unaddressed will collect them all again, this time in writing and on the record, where they are far harder to unwind. The formal process is where you ratify an agreement. It is a poor place to reach one.

The same problem, further away

I now work between France and Southeast Asia, and the surface of this could not look more different. In France the constraint is a planning code of extraordinary density, applied by institutions that operate at their own pace. In Indonesia and the Philippines the constraint is more often the paper itself: who holds the title or the lease, how cleanly, for how long, and how many people believe they have a claim on it.

But the structure is the same. The stated blocker — a title irregularity, a permit that will not move, a signature that does not come — is a symptom of an arrangement nobody has written down. And the same method applies: find out what each party actually wants, ask before you file, and never let the formal process be the place where you discover a position.

European developers arriving in Southeast Asia tend to bring their capital and their design standards and leave this behind, on the assumption that it is a local skill. It is not. It is the same skill, and it is the one that transfers most cleanly.

Antoine Sailly is the founder of Latitude Development Advisory. He spent seven years in residential land development in France, most recently as Regional Director at HECTARE, and now works between France and Southeast Asia.

Note 02 · Feasibility · [Month] 2026 · 5 min

What a de-densification actually costs

You buy land on a programme. Fifty homes, a price per unit, a land charge that works. Then the network operator comes back with a capacity figure, or the planning department reads its own local plan differently than you did — and the programme is thirty-three.

Everyone in the room counts the same thing: seventeen homes lost, a third of the scheme. It is the wrong number, and reaching for it is what makes the next decision bad.

The seventeen homes took no infrastructure with them

A two-hectare site needs one spine road, one drainage system, one retention basin, one set of network connections, one entrance, and whatever public realm the consent obliged you to build. None of that is a function of how many homes sit on the plots. It is a function of the site.

Here are the real numbers from a scheme I ran near Toulouse — two hectares, fifty homes cut to thirty-three before design had begun. Civil works came to €520,000. Technical studies — survey, hydraulics, soils, environmental — came to €85,000. Almost none of it moves with the unit count: a hydraulic study costs what it costs whether the scheme carries thirty-three homes or fifty.

Fixed cost of €605,00050 homes33 homes
Per home€12,100€18,333
Difference per home+€6,233  (+52%)
Share of €3.0m land disposal20%20%

The de-densification did not cost seventeen homes. It cost €205,700 of fixed expenditure that had been priced against fifty units and now had to be carried by thirty-three — before a single euro of lost revenue is counted.

That number appears in no one's count of lost lots.

The land price is already fixed

The second cost is structural. You committed to a land charge on the basis of fifty homes. That commitment is signed. The thirty-three that remain now carry all of it.

If the promise came before the capacity was tested — and it almost always does, because the land is what everyone is competing for — the reduction lands entirely on your margin. There is no mechanism to send it back up the chain. The landowner's price was agreed against a programme that no longer exists, and he has no interest in revisiting it.

And the obligations stay whole

Third: statutory requirements are imposed on the scheme, not proportioned to it. A social housing quota, a typology mix, a share of the site given to public space and planting — sized against the site and the local plan, and they do not fall by a third because your programme did.

Once the plots and the two macro-lots were drawn on that scheme, roughly half the site was saleable land. The rest was road, planting, retention and public realm — all of it paid for by thirty-three homes instead of fifty.

Three levers, and only one of them works

Reprice the land. Almost never available. If you have signed, you have signed; if you have only promised, you may have a conversation, and it will be a bad one.

Defend the density. Tempting, and it loses. Capacity constraints and heritage constraints are not negotiating positions, they are findings. You can spend eight months contesting a network study and arrive at the same number with eight months of carrying costs added to it. I have watched this happen more than once and have never seen it recover the units.

Move the product up. The only lever that reliably returns the value. Larger plots, better specification, a mix aimed at a buyer who pays more per unit — you recover on price what you lost on volume. It works because periurban buyers are far more elastic on plot size and finish than developers assume, and because a lower-density scheme is genuinely a better product: more planting, more distance between houses, more of what people say they want when asked.

The catch is timing. This lever changes the design brief, the target buyer, the pricing and the phasing all at once. Pull it within weeks and the scheme is simply a different, better scheme. Pull it after the masterplan is drawn and the marketing written, and you are retrofitting — which costs more than the units did.

The cheap thing nobody does at the right moment

All of this is avoidable, and the avoidance costs almost nothing: a written capacity enquiry to the network operators before the land is committed rather than after.

It is a short letter. It takes a few weeks to come back. It is routinely done at the wrong end of the process — once the land is secured and the architect appointed — because at the start everyone is afraid of losing the site to a competitor, and a capacity question feels like a delay.

It is not a delay. It is the difference between designing a thirty-three-home scheme on purpose and discovering you own one.

Antoine Sailly is the founder of Latitude Development Advisory. He spent seven years in residential land development in France, most recently as Regional Director at HECTARE, and now works between France and Southeast Asia.