ASKING SEAN #115 | FACTORS AFFECTING PROPERTY PRICE

In this episode, we will do some revision on the difference between properties, which are more than just four walls.   For investment properties, the value is dictated by the rental rates. Rental rates are heavily dependent on job opportunities. Connectivity and population are then factors that affects the job opportunity of a particular location. Hence, rental rates are a direct reflection of the temporary demand for space in that particular location.   As for own stay, the demand are skewed more towards emotions. The price is determined on who's willing to pay more to stay in a particular area. The peculiar thing is this defers from one individual to another as all of us have our own agenda in buying that particular property.  Hope that clarifies.    If you're getting the keys to your new unit soon and you're not sure what to do with it, do get your FREE consultation with my team members at https://www.themakeover.my/   Also use #seantanmakeover for rebates up to RM 5000 =)