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Guide to Properties that Command Higher Prices in Malaysia Location is a very important factor when looking for any real estate property since it will dictate the value of that property in the eye of potential clients or a promising resident. It is true in Malaysia as for any other country in the world. The value of properties which are strategically located close to a school, shopping mall, airport, or any other places that provide convenience and safety to people in the area, will always be higher since it will be very attractive to people and so most owners of these properties will ask for something more. This shows that the economic principle of demand and scarcity in the real estate is just as operative as any consumer appraisal similar to any kind of commodities. What drives up the value of the property is the high demand for it coupled with certain purchasing power, and a short supply due to the scarcity of land near the establishments that everyone wants to be near to. Similarly, the property values will experience a steep decline when people’s demand for that place is less due to a more preferred location with more amenities or conveniences. Real estate really works this way. Malaysia is becoming more densely populated and so living in this country puts a pressure on land use which produces a stiffer rise in property prices for developers. And that is the reason why instead of building single homes with sprawling gardens, developers are not into building high-rise apartments, condos and the like. The advantage of this is that developers can use every inch of expensive land to their advantage, and it will also allow property buyers to find a place to dwell in their preferred location. When you are new in Malaysia and you want to invest in real estate property or venture into a property developing here, it would be well to know that ancient architectural design also plays a significant part when it comes to property value. When building homes in Malaysia, you should always remember that the house should embody the vastu shastra and feng sui beliefs of the people, since with this your property will command a handsome price when this sacred bodies of knowledge revealing the connection between humans and their dwelling place in considered than when it is ignored. In Malaysia, this is also a part from the economic principle of supply and demand. Properties near bodies of water is something that you should consider as a developer. This also can fetch you an attractive price compared to properties which are not. Building a property facing a road junction or a property on a dead end street will not be given much value by the people compared to a property in the same area which does not have these conditions.What You Should Know About Sales This Year

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