question archive When using a property for speculation, the major determinant is the intangible value of the property true or false ?
When using a property for speculation, the major determinant is the intangible value of the property true or false ?
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When using a property for speculation, the major determinant is the intangible value of the property true or false ?
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The statement is false.
When using a property for speculation, the major determinant is the tangible value of the property that is the value of the property which can be viewed in cash terms and represents something in value which can be appraised physically.
On the other hand intangible value of a property is something which adds to the quality of the property and adds to the value creation and efficiency of the property which cannot be touched but only felt.
Therefore, while using a property for speculation we consider tangible value as a major determinant rather than the intangible value of the property.
