Factors affecting industrial property value

• Main Authors: Razali, Nur Shuhada, Menan, Nuri Izati, Soh, Vuan Teng, Neo, Li Ting, Mahayuddin, Nurul Hijanah, Abdul Rahman, Mohd. Shahril
• Format: Article
• Published: IJSTR 2020
• Subjects: H Social Sciences (General); TH434-437 Quantity surveying
• Online Access: http://eprints.utm.my/id/eprint/90480/; http://www.ijstr.org/final-print/jan2020/Factors-Affecting-Industrial-Property-Value.pdf
• Institution: Universiti Teknologi Malaysia

In view of the importance of industrial property, this paper explores the factors affecting the value of industrial property. To achieve the goals of this study systematic review and content analysis were performed. There are many factors affecting the value of industrial property. These include location, property characteristics, economy, government intervention, industrial agglomeration, transport and infrastructure, technology level, variable climate and environmental contamination. Those factors later divided into two categories, namely macroeconomic factors and microeconomic fact ors. A framework summarizing these factors is proposed for future directions.