How property is priced by the market


The new condos in Mont

IN a system where income levels, savings, costs, population density, demand, supply, rents, property sizes, property condition, property usage and preferences are so different, how does a property acquire “a” price that is acceptable to a buyer and subsequently acceptable to the market?

Why does a property sell at RM1.6mil when almost everyone living there can at best afford only RM800,000 or sell at RM800-RM1,000 per sq ft when up to a short while ago the maximum was only RM350 per sq ft?

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , property , pricing , history

   

Next In Business News

3REN climbs 20% on ACE Market debut
PETRONAS harnesses AI for data-driven investor decisions in Malaysia's E&P sector
Bursa Malaysia rises as US election in full swing
Ringgit strengthens against greenback ahead of OPR decision
Trading ideas: IOI, Gagasan Nadi, Xin Hwa, T7, TCS, Aneka, HE, Ann Joo, Aimflex, F&N
Strong financial grasp critical for investors
US stocks slide after nuclear deal dismissal
Licence freeze to have impact on Xin Hwa
Gagasan Nadi in RM185mil acquisition
Proton October sales climb 13.6% to 12,799 units

Others Also Read