Why do the private developers want to select commercially viable sites for housing development?

Private developers often select commercially viable sites for housing development for several reasons:

1. Profitability: The primary reason is profitability. Commercially viable sites are typically in areas with high demand for housing. This means that the properties developed on these sites are likely to sell quickly and at a high price, leading to a good return on investment for the developers.

2. Access to Amenities: These sites are often located in areas with good access to amenities such as shops, schools, and public transport. This makes the properties more attractive to potential buyers, increasing the likelihood of sales.

3. Lower Risk: Commercially viable sites are usually considered lower risk. This is because they are often in established areas with a proven demand for housing. This reduces the risk of the properties not selling.

4. Financing: It's often easier for developers to secure financing for projects on commercially viable sites. Lenders are more likely to provide funding for projects that they consider to be a safe investment.

5. Planning Permission: In many cases, it may be easier to obtain planning permission for a commercially viable site. This is because the local authorities are likely to be supportive of development that contributes to the local economy.

6. Future Growth: Finally, these sites often have good prospects for future growth. This means that the properties developed on these sites are likely to increase in value over time, providing a good long-term investment for both the developers and the buyers.