Place – Singapore real estate agent
Place represents the location where a product can be purchased. It is often referred to as the distribution channel. It can include any physical store as well as virtual stores on the Internet. In real estate sales, property cannot be distributed through physical stores like traditional products because property is immovable. It has to be distributed at the same location where it is built. The buyers are invited through various advertisements or promotions to view the property on site. Singapore real estate agent.
In property, place also represents the actual location of the property. There is a saying; the most important factors to consider in buying a property are location, location and location. For example, properties located near MRT stations are always in greater demand and can command a premium price. Properties located in prime locations also command a premium price compared to the heart land homes. Properties located just next to a busy highway or airport may have less demand.
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