Shop house is one of the profitable properties that always remains in the eyes of investors. It serves as a commercial and residential building. Some people buy a shop house for business, while some buy to rent it out. The shops are built on the pavement of the building while people live on the top part of the building. But, there are also some shop houses that totally serve as a commercial building.
It is one of the best property types to invest because you can live in the house and also run your business. That’s why locals, as well as outsiders, are willing to invest in shop houses. In this article, we’re going to list down the top criteria to choose a shop house for sales in Batu Pahat.
Factors to Consider While Buying a Shop House in Batu Pahat
There can be many different factors that you should consider before buying a shop house. But here, we’re going to write down the most important ones.
Location
Location is very important when buying any property, especially for a shop house because people want business from it. So, buyers give importance to this factor when buying a shop house in Batu Pahat. It is best when the shop house is situated in the center or the heart of the city. If it is not in the center, then look at the nearest important and busy roads, shopping malls, and other famous places that are connected to it. It is directly connected with your sales and customers. The more you focus on the location, the more benefits you’ll get from the shop house.
Furthermore, we also advise that you should see every side of the building because sometimes it happens that one side of the building is always busy and crowded, whereas the other side is not.
Moreover, your shop house should be located where it can be easily accessible and visible to your customers. These can also affect your business. Hence, location is a very important factor when buying a shop house.
Cost
Cost is always important whenever you purchase anything. So, we advise you to research the market as much as you can before buying. You can contact different estate agencies and search on the internet for the correct and reasonable price.
If you’re planning to earn as a renter, do not think for a short period of time. You’ve to think about the long-term profit and quick return on investment. You need to know how much you will earn if you rent out your shop house and how much you’ll get in the future.
You need to estimate the current worth and the worth in the future. Try to calculate it through different factors before buying, such as how much you’ve to spend on its decoration and who will be responsible for any kind of maintenance and repair or other modification.
Population & Demographics
Buying a home is different than buying a shop house. You want a peaceful, less noisy, and less populated area for home but usually not for a shop house. For a shop house, people want a more populated area so that they can catch more customers. Therefore, before you buy it, we suggest you first research and understand the area demographics. This study helps you to understand which financial class and age of people are living in the building and around areas. It’ll help you to choose the best place for a shop house for you in Batu Pahat. More populated and engaged areas obviously give you more sales. This is why it is also an important factor to consider while buying a shop house.
Competition
Sometimes competition is good and sometimes it’s not. You can’t take a risk if you’re starting a new business. So, be careful before buying a shop house and look at the nearby buildings and shop houses. You need to confirm whether you can flourish in the area or not. And, if the business already exists there, try to avoid it. But, if you’re already successful in your business, you think there is a large market to cover, or you can compete there, it will be good for you. Your customers already exist there because of your competitors. It will be like a bed of roses for you. Thus, also give importance to this factor as you give others. It can be a game-changer for you.
Useful Tips
- Contact and interview different estate agents before buying a shop house to know the worth and price of a selected shop house
- Read and understand all the local policies and laws before buying, such as leasing documents and future construction planning
- Target your customer. For instance, open a gym where youngsters live or try to buy a shop house near a relatable business
- Your selected area for a shop house must be safe and secure because people will not take the risk and shop in dangerous areas. Therefore, see criminal reports, maps, and activities where you want to buy a shop house
- There should be parking facilities near your shop house. This can make an impact on your business
Looking for a Batu Pahat Shop House for Sales? Contact KCC Realty
Are you looking for a shop house for sales in Batu Pahat? You’re in the right place. KCC realty deals in selling shop houses and other kinds of residential and commercial properties in Batu Pahat and all over Malaysia. We have been running this business for more than 35 years. KCC realty is one of the top property development enterprises in Malaysia with dozens of successful projects. Our successful projects are River City Business Park, The SENAI Garden, Maharani Ayu II, and many others. We have a knowledgeable and experienced team that is always ready to deal with you. So, do not hesitate to contact us. We will provide all kinds of details and guidelines regarding shop houses and all kinds of new properties in Malaysia. You can contact us through phone, email, and our website.
