How much is your house worth?
Is property developer charging you too high?
Is the unit that you plan to buy priced correctly?
Property values are a function of quality and quantity. Quality is the physical dimension of real estate, i.e. Size, while quality is a subjective scaled dimension.
Market value are calculated based on Market comparison method, cost method and income method.
In Market comparison method, unit of similar location, size and condition are make into consideration when determine the value of property.
In cost method, which normally property developer use to determine the selling price of property is determined based on cost of land and construction plus margin required.
In income method, the value of property is determined based on upon the typical investor’s yield requirements.
Why and How to use comparison method?
1) Accuracy – Market demand and supply
Compare to cost method which normally applicable to developer and income method which normally applicable to commercial property. Comparison method is more widely use and provide more accurate data based on supply and demand force of the market.
2) To estimate property value
To estimate property value, the following must take into considetation:
* Tenure, title, size, condition.
* Sold date
If there is no directly comparable unit in the market, a similar unit can be use with appropriate discount/premium added to the property based on unit conditions and date.
Klang Valley Property Transacted Price Report
Introductory Price: RM 79 Buy Now
(In Google Earth .kmz file)
<— Print Screen of the Map as Below —>
What is include in the report?
* Property transacted price around Klang Valley (200+ Sample Property)
* Property Transacted price, date
* Unit conditions, size, title and tenure
* FREE update until Dec 2012 (Once / month)
Series of Research Report by KVMRT Research
Free Trial – Klang Valley MRT Line
Free Trial – Transacted Report
Research Report – MRT Sg Buloh – Kajang Line Alignment Map @ RM99
Research Report – LRT Line & LRT Extension @ RM79
Research Report – Transacted Price – Klang Valley Property @ RM89