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Competitive Supply Analysis

1st Product Development: Service Apartment

Competitive supply analysis is important in order to understand the strengths and weaknesses of the competitors (Alicia, 2021). This
eventually help us to strengthen our business strategy for proposing property development in the current market. There are some of the competitors
supply the Service Apartment projects, which is similar to our proposed property alternative project 1 of Service Apartment. In fact, the
competitive supply projects for Service Apartment including Nova Ampang, Astoria and Reizz Residence in the market that around the area
of Desa Pahlawan, Jalan Ampang area. A competitive supply analysis for Service Apartment projects were made, and the table below and
summarises about the Service Apartment projects.

Table 1.1: Competitive Supply Projects for Service Apartment


Development

Prospective Photo

Project Name Nova Ampang Astoria Reizz Residence

Jalan Ampang, Ampang Hilir,, Lorong Ampang Ulu, Kampung Jalan Ampang Kiri, Kampung
Location
KL Berembang, KL Berembang, KL

Developer Alfranko Development Land & General Berhad VST Group of Companies, BSG
Property

Development Land Size 1.15 acres 5.70 acres 4.81 acres

Product Service Apartment Service Apartment Service Apartment

Units 395 1,216 425

Storeys 32 47 52

Blocks 1 4 1

Tenure (Freehold/Leasehold) Freehold Leasehold Freehold

Completion Date (Approx.) 2022 2019 2019

Pricing Comparison (Selling Price)

List Price RM800,000 – RM2,730,000 RM600,000 – RM1,250,000 RM705,000 – RM835,000

Build-Up Area (BUA) 686 – 1,775 sqft 560 – 1,505 sqft 697 – 895 sqft

Base Price PSF (Per Square Foot) RM1,352.10 RM951.00 RM972.22

Pricing Comparison (Rental Price per Month)

List Price - RM2,200 – RM4,500 RM1,800 – RM2,500

Build-Up Area (BUA) - 560 – 1,505 sqft 697 – 895 sqft

Base Price PSF (Per Square Foot) - RM3.46 RM2.69

Package Comparison

Booking Fee RM1,000 RM1,000 RM500 – RM1,000

Rebate/Discount 15% 10% 10%

Bumi Discount 5% 7% 7%

Free Legal Fees on SPA Yes Yes Yes


Free Legal Fees on Loan
Yes Yes Yes
Agreement

Free MOT Stamp Duty Yes Yes Yes

Free Club Membership Yes Yes Yes

Free Loan Stamp Duty Yes Yes Yes

Covered car park, air


Air conditioning, car park,
Air conditioning, car park, sofa, conditioning, hot water system,
Furniture Package/Cash fridge, washing machine,
table kitchen cabinets with hob and
television, intercom, oven
hood, convection ovens

Maintenance

Cost RM0.40 psf RM0.35 psf RM0.35 psf


The competitive supply analysis for Service Apartment projects are shown in above Table 1.1.
There are some differences between the projects of Service Apartment that can be found out. First and
foremost, the developer for each of the Service Apartment project can be found from above table. For
example, the developer for Service Apartment Project of Nova Ampang is Alfranko Development,
Astoria is Land & General Berhad, Reizz Residence is VST Group of Companies and also the BSG
Property. Moreover, the development land size for Nova Ampang is 1.15 acres, Astoria is 5.70 acres and
Reizz Residence is 4.81 acres. Furthermore, Nova Ampang Service Apartment has 395 units, 32 storeys,
and 1 block. For Astoria Service Apartment, it consists of 1,216 units, 47 storeys, and 4 blocks. Next,
Reizz Residence Service Apartment has 425 units, 52 storeys, and 1 block. Other than that, there are 2
main types of tenure of property title, which are freehold and leasehold. As shown in Table 1.1 above, the
Service Apartment for Astoria is leasehold, while the remaining competitive supply projects for Service
Apartment are freehold, which are Nova Ampang and Reizz Residence. In fact, the land for leasehold is
owned by the state authority, whereby the buyer who purchases the property of Astoria from the owner
through transfer of ownership will only own the property, but not the land. Moreover, the leasehold
property contains a specific timeline, and the owner must pay to extend the lease (Fahri Ahmed, 2022).
The sale and purchase process for the leasehold property will also take much longer, as the state
authority’s agreement is required before the transfer of the ownership from the owner to buyer. However,
for freehold property of Service Apartment such as for Nova Ampang and Reizz Residence, the land will
belong to the owner, and the buyers can get the ownership from the owner after purchasing the property
(Brean Horne, 2020). As for our proposed Service Apartment, the land is under the category of freehold
titles, whereby the category of land use is building. Therefore, the Service Apartment that we build on the
site for that particular land can be sold smoothly if compare with leasehold Service Apartment. This is
also due to there is no restrictions on the land, and only require fewer steps on transferring ownership due
to the state authority’s consents is not required. In addition, the completion date for the competitive
supply projects fall between 2019 to 2022. Hence, as for our proposed development for Service
Apartment is also considered modern, advanced and high quality to the buyers, which can attract more
buyers from Desa Pahlawan, Jalan Ampang area to buy our products.

Furthermore, under the part of selling pricing competition, the price list, build-up area and the
base price per square foot (psf) for each of the competitive supply projects can be seen in the table above.
In fact, Astoria is the cheapest average selling price than the other Service Apartment projects, with a
selling price range of RM600,000 to RM1,250,000, and with the average selling price of RM925,000.
Besides that, for the highest or expensive average price of Service Apartment is Nova Ampang, with a
selling price range of RM800,000 to RM2,730,000, and an average selling price of RM1,765,000. In
addition, the highest average build-up area is the Nova Ampang Service Apartment, with a range of 686
to 1,775 sqft (average 1,230.5 sqft), while the lowest average build-up area is Reizz Residence Service
Apartment, which fall between 697 to 895 sqft (average 796 sqft). Furthermore, the base price per square
foot indicated the cost or current market value of the home, or the property. This also help the purchaser
to compare two similar properties or house in the same neighbourhood (Sarah, 2011). Based on the Table
1.1 above, Nova Ampang has the most expensive base price psf, with RM1,352.10 psf. The cheapest base
price psf is Astoria, which is RM951.00 psf.

Other than that, the pricing competition for rental price per month under the Service Apartment
projects also shown as above Table 1.1. Under this section, the cheapest average monthly rental price per
month of Service Apartment is Reizz Residence, with a rental price range of RM1,800 to RM2,500
(average RM2,150), while the most expensive monthly rental price per month is Astoria Service
Apartment, and the rental price range is from RM2,200 to RM4,500 (average RM3,350). However, as
there are no owners to rent out the unit, there are no rental prices available in Novo Ampang. Meanwhile,
the highest average build-up area is the Astoria Service Apartment, with a range of 560 to 1,505 sqft
(average 1,032.50 sqft), while the lowest average build-up area is also the Reizz Residence Service
Apartment, which fall between 697 to 895 sqft (average 796 sqft). The Table 1.1 above also show the
Reizz Residence Service Apartment has the cheapest base price psf per month (RM2.69 psf/month). For
the most expensive base price psf per month (RM3.46 psf/month) is for the Astoria Service Apartment.

In addition, under the package comparison, the booking fee for Nova Ampang and Astoria is
RM1,000, while booking fee price range of Reizz Residence is in between the range of RM500 to
RM1,000. Meanwhile, the rebate or discount percentage for Nova Ampang is 15%, while for Astoria and
Reizz Residence is 10%. Besides, the highest bumi discount is for the Astoria and Reizz Residence
Service Apartment, which is 7%, while bumi discount for Nova Ampang, is only has 5%. Other than that,
all the 3 Service Apartment projects have free legal fees on SPA, free legal fees on loan agreement, free
MOT stamp duty, free club membership and free loan stamp duty. In addition, different type of Service
Apartment will have different furniture package/cash. Hence, the Table 1.1 above also shows the different
furniture package/cash for the competitive supply for Service Apartment.

For the maintenance category, the range of the maintenance cost psf for competitive supply
projects of Service Apartment is from RM0.35 to RM0.40. This cost can be contributing to the repairs
and maintenance around the property, such as maintaining common areas, safety, and keep the places of
the property to be clean. The table above shown the maintenance cost psf of the property for Astoria and
Reizz Residence the same (RM0.35 psf), and the Service Apartment maintenance cost psf for Nova
Ampang is the highest, which is RM0.40 psf.
Lastly, the Table 1.1 above also indicated the competitive supply selling price psf under the
category of pricing comparison. Therefore, based on the obtained data and calculation throughout this
competitive supply analysis, our business target price psf for the Service Apartment of alternative 1 is
RM1,150.00 psf. This is to ensure our price is more competitive compared to the competitive supply
property in the market under this proposed alternative 1 of Service Apartment project. Ultimately, this is
able to attract more buyers to purchase our products. The calculation for our target and target price psf are
shown as below table:

Target Selling Price Psf Calculation:

Average Price Psf = (RM1,352.10 + RM951.00 + RM972.22) / 3

= RM3,275.32 / 3

= RM1,091.77 psf

Target Price Psf = RM1,150.00 psf


2nd Product Development: Office Building

For the second product development is Office Building project. Meanwhile, there are some competitive supply the similar Office Building
that near to the area of Desa Pahlawan, Jalan Ampang area. Based on the research, the projects included Vista Tower Office Building, office inside
the 3 Towers and KL Trillion. Besides that, a competitive supply table for these Office Buildings were analysed and tabulated. The Table 1.2
below shown the results of Office Building throughout the competitive supply analysis, which is near to our proposed development site.

Table 1.2: Competitive Supply Projects for Office Building


Development

Prospective Photo

Project Name Vista Tower 3 Towers KL Trillion


Location Jalan Tun Razak, KL Kampung Berembang, KL Jalan Tun Razak, KL
MGPA Asia Developments (a
Developer Sri DongLai Sim Lian Group Limited
subsidiary of MGPA)
Development Land Size 7.50 acres 2.86 acres 4.45 acres
Product Office Building Office Building Office Building
Units 119 510 368
Storeys 62 25 34
Blocks 1 3 3
Tenure (Freehold/Leasehold) Freehold Freehold Freehold
Completion Date (Approx.) 2010 2018 2022
Pricing Comparison (Selling Price)
List Price - RM350,000 – RM1,830,000 RM2,712,000 – RM15,640,800
Build-Up Area (BUA) - 360 – 2,023 sqft 1,950 – 11,280 sqft
Base Price PSF (Per Square Foot) - RM938.41 RM 1,388.68
Pricing Comparison (Rental Price per Month)
List Price RM13,130 – RM325,000 RM1,100 – RM29,000 RM6,440 – RM63,000
Build-Up Area (BUA) 1,427 – 35,345 sqft 350 – 8,900 sqft 1,120 – 11,000 sqft
Base Price PSF (Per Square Foot) RM9.20 RM3.20 RM5.74
Package Comparison
Booking Fee RM1,000 RM500 RM10,000
Rebate/Discount 13% 10% 10%
Bumi Discount 5% 6% – 8% 5%
Free Legal Fees on SPA Yes Yes Yes
Free Legal Fees on Loan
Yes Yes Yes
Agreement
Free MOT Stamp Duty Yes Yes Yes
Free Club Membership Yes Yes Yes
Free Loan Stamp Duty Yes Yes Yes
Air conditioning, basement car
Furniture Package/Cash Air conditioning, car park, wifi Air conditioning, wifi, cctv
park, furniture
Maintenance
Cost RM0.30 psf RM0.35 psf RM0.40 psf
Table 1.2 above shows the competitive supply analysis for the second product development,
which is the Vista Tower Office Building, and Office inside the 3 Towers and KL Trillion. Firstly, the
developer for each of the competitive supply of Office Building or the Building project can be found from
above table. The developer for Vista Tower is MGPA Asia Developments (a subsidiary of MGPA), 3
Towers is Sri DongLai, and for KL Trillion is fall under Sim Lian Group Limited. Furthermore, the
development land size for Vista Tower Office Building is 7.50 acres, 3 Towers is 2.86 acres, and for KL
Trillion is 4.45 acres. Besides that, Vista Tower Office Building has 119 units, 62 storeys, and 1 block.
For the 3 Towers building, it consists of 510 units, 25 storeys, and 3 blocks, while for the KL Trillion
building has 368 units, 34 storeys, and 3 blocks. Apart from this, all the competitive supply for Office
Building of Vista Tower, 3 Towers building, and KL Trillion building are fall under freehold title.
Therefore, the transaction process can be carried out within a short period of time. In addition, the
completion date for the competitive supply projects of Office Building or Building are fall between the
year of 2010 to 2022.

Furthermore, under the part for pricing competition for each of the competitive supply Office
Building or the particular Office within the building are shown on the Table 1.2 above. In this case, Table
1.2 above summarise the list price, built-up area, base price per square foot, for each of the competitive
supply Office Building projects. In this case, the most expensive selling price of Office is for the KL
Trillion, with a selling price range of RM2,712,000 to RM15,640,800, and an average selling price of
RM9,176,400. Meanwhile, the cheapest selling price is the Office inside the 3 Towers, and the selling
price range is fall between RM350,000 to RM1,830,000, with an average selling price of RM1,090,000.
However, there is also no owners sell the Office unit, thus, there are no selling prices available for Vista
Tower Office Building. Other than this, the Office inside the KL Trillion has the highest built up area,
with a range of 1,950 to 11,280 sqft, and average built up area is 6,615 sqft, while for the lowest built up
area is for the 3 Towers Building, with a range of 360 to 2,023 sqft, and at an average built up area is
1,191.50 sqft. Furthermore, the highest base price psf is the Office inside the KL Trillion, with RM
1,388.68, and for the lowest base price psf is RM938.41, which is the Office for 3 Towers.

Moreover, the pricing competition for original rental price, build-up area, and rental price psf per
month under the Office Building and Office within that particular building which supply by the
competitors also shown as above Table 1.2. Under this circumstance, the cheapest average monthly rental
price per month of Office is for the 3 Towers, with a rental price range of RM1,100 to RM29,000, and
with an average of RM15,050, while the most expensive monthly rental price per month is Vista Tower
Office Building, and the rental price range is from RM13,130 to RM325,000, at an average price of
RM169,065. Meanwhile, the highest average build-up area is the Vista Tower Office Building, with a
range of 1,427 to 35,345 sqft, with an average built up area of 18,386 sqft, while for the lowest average
build-up area is for the 3 Towers Office, which fall between 350 to 8,900 sqft, and with average built up
area of 4,625 sqft The Table 1.1 above also show the Office inside the 3 Towers has the cheapest base
price psf per month (RM3.20 psf/month). For the most expensive base price psf per month (RM9.20
psf/month) is for the Vista Tower Office Building.

Next, for the package comparison, Table 1.2 above also shows the booking fee for KL Trillion
Building is the highest (RM10,000), and lowest booking fee is the 3 Towers Building (RM500).
Meanwhile, the rebate or discount percentage for Vista Tower is 13%, while for 3 Towers and KL
Trillion are the same, which is 10%. Besides to this, the highest bumi discount is for 3 Towers, with a
range of 6 to 8%, while bumi discount for Vista Tower and KL Trillion is also the same, which has 5%.
Other than that, all the 3 building under this competitive supply analysis have free legal fees on SPA, free
legal fees on loan agreement, free MOT stamp duty, free club membership and free loan stamp duty. In
addition, there also have different type of Office Building and Office with different furniture
package/cash. The Table 1.2 above also shows the different type of furniture package/cash for the
competitive supply for Vista Tower Office Building and Office inside the 3 Towers and KL Trillion
Building.

Under the maintenance category, the range of maintenance cost psf for the competitive supply for
these Office Building or Office are fall between a range of RM0.30 to RM0.40. In this context, Table 1.2
above has shown the maintenance cost psf of the property for KL Trillion Building is the highest
(RM0.40 psf), and for the lowest maintenance cost psf is Vista Tower Office Building (RM0.30 psf).

Last but not least, the Table 1.2 above also indicated the competitive supply for rental price psf
per month under the category of pricing comparison. Hence, according to the obtained data and
calculation throughout this competitive supply analysis, our business target rental price psf per month for
the Office Building of alternative 2 is RM6.20 psf, while the base. In addition, the calculation for our
business target rental price psf per month can be seen in the below table:

Target Rental Price Psf Calculation:

Average Price Psf = (RM9.20 + RM3.20 + RM5.74) / 3

= RM18.14 / 3

= RM6.05 psf

Target Price Psf = RM6.20 psf


3rd Product Development: Mixed Development (Office + Retail)

For the last proposed alternative project, there also have some of the potential competitive supply with the similar projects with our
proposed alternative project 3 for Mixed Development in Desa Pahlawan, Jalan Ampang area. Under this circumstance, the Office Building/Office
was analysed and tabulated in the previous Table 1.2 above. Therefore, the competitive supply projects for Retail/Shop within the building will be
investigated and analysed in this section. The Retail/Shop property within the competitive supply building including M City, 3rdNvenue and
Datum Jelatek, which are also currently providing the properties in the market already. A competitive supply analysis is made for this products
(Retail/Shop), the table below shown and summarises the facts about the property of Retail/Shop.

Table 1.3: Competitive Supply Projects for Retail/Shop


Development

Prospective Photo

Project Name M City 3rdNvenue Datum Jelatek


Jalan Ampang, Kampung Jalan Keramat Hujung,
Location Jalan Ampang, KL
Berembang, KL Kampung Datuk Keramat, KL
Oasis Garden Development Sdn Perbadanan Kemajuan Negeri
Developer Titijaya Land Berhad
Bhd Selangor (PKNS)
Development Land Size 4.70 acres 6.06 acres 5.60 acres
Product Shop lot/Retail Shop lot/Retail Shop lot/Retail
Units 1,601 1,100 708
Storeys 36 48 45
Blocks 3 4 4
Tenure (Freehold/Leasehold) Freehold Leasehold Leasehold
Completion Date (Approx.) 2016 2021 2019
Pricing Comparison (Selling Price)
List Price RM1,200,000 – RM5,500,000 RM350,000 – RM560,000 RM700,000 – RM1,450,000
Build-Up Area (BUA) 906 – 7,391 sqft 430 – 430.50 sqft 557 – 3,200 sqft
Base Price PSF (Per Square Foot) RM1,034.33 RM1,057.38 RM854.93
Pricing Comparison (Rental Price per Month)
List Price RM3,800 – RM15,000 RM3,300 – RM10,000 RM5,000 – RM7,500
Build-Up Area (BUA) 1,200 – 2,200 sqft 1,300 – 2,500 sqft 1,000 - 2,210 sqft
Base Price PSF (Per Square Foot) RM5.00 RM3.27 RM4.20
Package Comparison
Booking Fee RM10,000 RM1,000 RM1,000
Rebate/Discount 10% 7% 10%
Bumi Discount 5% 5% 10%
Free Legal Fees on SPA Yes Yes Yes
Free Legal Fees on Loan
Yes Yes Yes
Agreement
Free MOT Stamp Duty Yes Yes Yes
Free Club Membership Yes Yes Yes
Free Loan Stamp Duty Yes Yes Yes
Air conditioning, car park, fridge,
Furniture Package/Cash washing machine, television, Air conditioning, car park 1 car park, air conditioning
intercom
Maintenance
Cost RM0.35 psf RM0.33 psf RM0.40 psf
Based on the competitive supply analysis and the summary facts, some of noticeable differences
for the projects of Mixed Development for that particular Retail/Shop inside the particular building can be
identified on the Table 1.3 above. First and foremost, the developer for each of the competitive supply of
Retail/Shop for the 3 building can be found from above table. For instance, the developer for M City is
Oasis Garden Development Sdn Bhd, 3rdNvenue is Titijaya Land Berhad, and also the Datum Jelatek is
Perbadanan Kemajuan Negeri Selangor (PKNS). The development land size for M City Building is 4.70
acres, 3rdNvenue Building is 6.06 acres and Datum Jelatek Building is 5.60 acres. Moreover, M City
Building has 1,601 units, 36 storeys, and 3 blocks. For the 3rdNvenue Building, it consists of 1,100 units,
48 storeys, and 4 blocks, while for the Datum Jelatek Building is comprising 708 units, 45 storeys, and 4
blocks. Besides that, there also have 2 types of property title, which are classified into freehold and
leasehold as shown in Table 1.3 above. Under this circumstances, the 3rdNvenue and Datum Jelatek
Building are under the leasehold title, while the remaining competitive supply Mixed Development
Building is freehold. For instance, the tenure of property title with freehold is the M City Building. Apart
from this, the completion date for the competitive supply projects under Mixed Development Building
projects are fall between 2016 to 2021.

In addition, the list of price, build-up area, and base price psf for each of the competitive supply
projects of Mixed Development Building under the part of pricing competition can be seen on the Table
1.3. The lowest or cheapest average selling price of Retail/Shop is for the 3rdNvenue, which is in a price
range of RM350,000 to RM560,000, and at an average selling price of RM455,000, whereby the highest
or expensive average price of Retail/Shop is M City, with a selling price range of RM1,200,000 to
RM5,500,000, and average selling price is RM3,350,000. Moreover, the lowest average build-up area is
from 430 to 430.50 sqft (average 430.25 sqft), which is the 3rdNvenue Retail/Shop, while the highest
average build-up area is fall between 906 to 7,391 sqft (average 4,148.50 sqft), and the Retail/Shop is for
the M City Building. Other than that, based on the Table 1.3 above, 3rdNvenue Retail/Shop has the most
expensive base price psf (RM1,057.38 psf), while for the cheapest base price psf is the Retail/Shop inside
the 3 Datum Jelatek Building, which is RM854.93 psf.

Furthermore, for the pricing competition for original rental price, build-up area, and rental price
psf per month or the Retail/Shop inside the building which supply by the competitors also shown as above
Table 1.3. For instance, the cheapest average monthly rental price per month of Retail/Shop is Datum
Jelatek, with a rental price range of RM5,000 to RM7,500, and with an average of RM6,250, while the
most expensive monthly rental price per month of Retail/Shop is M City, and the rental price range is
from RM3,800 to RM15,000, at an average price of RM9,400. Meanwhile, the highest average build-up
area is the 3rdNvenue Retail/Shop, with a range of 1,300 to 2,500 sqft (average 1,900 sqft), while for the
lowest average build-up area is for the Datum Jelatek, Retail/Shop, which fall between 1,000 to 2,210 sqft
(average 1,605 sqft). The Table 1.3 above also show the Retail/Shop 3rdNvenue has the cheapest base
price psf per month (RM3.27 psf/month). For the most expensive base price psf per month of the
Retail/Shop (RM5.00 psf/month) is the M City Building.

Besides that, under the package comparison, Table 1.3 above has showing the results for each of
the Mixed Development Building that supply by the competitors. For the booking fee of M City has the
highest (RM10,000), and lowest booking fee is for the 3rdNvenue and Datum Jelatek (RM1,000).
Meanwhile, the rebate or the discount percentage for M City and Datum Jelatek is the same, which is
10%, while for 3rdNvenue is only 7%. Besides to this, the highest bumi discount is for Datum Jelatek,
which is 10%, while bumi discount for M City and 3rdNvenue is also the same, which has 5%. Other than
that, all the 3 Mixed Development Building under this competitive supply analysis have free legal fees on
SPA, free legal fees on loan agreement, free MOT stamp duty, free club membership and free loan stamp
duty. In addition, there also have different type of Mixed Development Building with different furniture
package/cash. The Table 1.3 above also shows the different type of furniture package/cash for the
competitive supply for the three different Mixed Development Building.

Meanwhile, under the maintenance category part, the range of maintenance cost psf for the
competitive supply for these Mixed Development Building were fall between a range of RM0.33 to
RM0.40. In this context, Table 1.3 above has also shown the maintenance cost psf of the Building for
Datum Jelatek is the highest (RM0.40 psf), while the lowest maintenance cost psf is 3rdNvenue Building
(RM0.33 psf).

Lastly, the Table 1.3 above also shown the competitive supply for rental price psf per month for
Retail/Shop under the category of pricing comparison. Hence, based on the obtained data and calculation
throughout this competitive supply analysis, our business target rental price psf per month for the
Retail/Shop of alternative 3 is RM4.20 psf. Moreover, the calculation for our target rental price psf per
month are shown as below table:

Target Rental Price Psf Calculation:

Average Price Psf = (RM5.00 + RM3.27 + RM4.20) / 3

= RM12.47 / 3

= RM4.16

Target Price Psf = RM4.20 psf


References

Alicia Lloyd. (2021). The Importance of a Competitor Analysis and How to Conduct One. [online].
Available at: https://kayo.digital/news/the-importance-of-a-competitor-analysis [Accessed 12 Aug. 2022].

Brean Horne (2020). Freehold vs Leasehold: Which is Better? [online]. Available at:
https://www.propertyguru.com.my/property-guides/freehold-and-leasehold-titles-734 [Accessed 10 Aug.
2022].

Fahri Ahmed. (2022). Freehold vs Leasehold Title In Malaysia: What Property Buyers Should Know.
[online]. Available at: https://www.iproperty.com.my/guides/freehold-vs-leasehold-title-malaysia-what-
property-buyers-should-know/ [Accessed 10 Aug. 2022].

Sarah Jullion Real Estate. (2011). The Cost Per Square Foot Factor. [online]. Available at:
https://sarahjullion.com/buying-a-home/smaller-homes-can-cost-more/#:~:text=Smaller%20homes
%20start%20out%20at [Accessed 11 Aug. 2022].

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