Burial Space Scarcity Turns Cemetery Plots Into High ROI Real Estate Assets

Burial Space Scarcity Turns Cemetery Plots Into High ROI Real Estate Assets

There is a rarely discussed real estate shortage that has cropped up in cities around the world. Since the 1970s, Japan, Hong Kong, and South Korea all have steered the majority of their funeral services towards cremation, due to concerns over lack of adequate burial space. Korea actually has a 60-year rule requiring exhumation and removal, which has boosted cremation as the default choice. In Hong Kong, space is so precious that exhumations are…

New Cemetery in Elgin to Offer Peaceful Space for Future Generations

A major new cemetery is set to take shape in Elgin, offering a respectful and environmentally conscious resting place for the community for years to come. Construction of the new 5.6-hectare site, located off Linkwood Road and Hallowood Road, will begin at the end of July 2025. Roughly the size of eight football pitches, the site was earmarked in the Local Development Plan as the successor to the existing Linkwood Road cemetery near Reiket Lane,…