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评论人：【Full Article】 评论时间：2022/1/15 15:42:33 打分：4分
In the beginning, the area itself is the primary aspect that determines value of the property in Malaysia. If the property is located close to a shopping mall, school banks, transportation, hospital, restaurant as well as a temple, church, airport, or other locations that provide convenience for the residents of the area, that property will definitely has an attractive property value that is more appealing to buyers than any other property.When it is about real estate, the concept of supply and demand is related to the ability of people to pay for property, as well as the lack of real property.
The value of the property are driven up by the condition of an influx of buyers, coupled with a certain purchasing power and limited supply due the dearth of land.
In contrast, the properties' value will drop when people demand less of it while more supply enters the market.Let's look at Penang as the second-smallest state in Malaysia following Perlis in terms of geographic area, yet it is the eighth-highest populated with 1.56 million inhabitants according to the census of population and housing, Malaysia 2010 which is carried out every ten years. Penang that has an average of 1, 490 people per square kilometer is the second-highest populated states following Kuala Lumpur. This high level of people living there puts pressure on land usage, which causes an increase in property prices , as developers place higher prices on their projects due to the high-land costs. Additionally, the appeal as the destination for tourists and as a second residence for foreign retirees is another of factors leading to an increased demand for Penang properties. This is due to the lack of supply due to the scarcity of land and the high demand from local and foreign buyers is the primary reason behind why Penang properties price are high when compared to, say Kelantan.
评论人：【pcz】 评论时间：2022/1/15 15:36:17 打分：5分
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