Kuala Lampur, June 11 -- For as long as cities have existed, accessibility has shaped the value of land. This principle is not disappearing, but it is being revised. The digital economy has not made physical space irrelevant. It has made location more complex. Land is still valuable because of where it is, but "where" now means more than distance to roads, rail, town centres, or customers. It also means whether a location sits within a delivery radius, is visible to platform algorithms, is connected to digital infrastructure, and can support data-driven urban services.

Foot traffic still matters, but service radius now matters too. Zoning plans still shape development, but algorithms increasingly influence how places perform. Traditional...