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United Housing Agency
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Google Property Information
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Reg. E (3) 0293
No. 80-W,Terengganu Road,
10406 Penang
Tel: 04-2828 080
Fax: 04-2826 768
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Real Estate Glossary of the
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Market value
means the estimated amount that would be paid for the real property rights or licence being acquired or disposed of if the real property or licence were offered on the open market by a willing seller and allowing for a reasonable period of exposure in a manner that would attract interest.
Buy-to-let
The practice of purchasing a property for investment purposes. The investment is intended to provide a combination of income, in the form of rent received from a tenant, and capital growth, in the form of an increase in the property’s market value.
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