A man bought land to build on it, then wanted to sell it. Is there zakah on its value?

The questioner : His EminenceThe Shaykh : A person bought land with the intention of building on it. His intention was to build, but at the end he wanted to sell it, meaning he changed his intention and wanted to sell it. So, is there zakah on the value of the land or not, O Shaykh?

The Shaykh : He says: A person bought land to build on it, then it occurred to him to sell it and not build. Is there zakah on him? The answer is: There is no zakah on him, because zakah is only obligatory on land for those who buy and sell land for trade.