You have three listings but just one sale result, so the evidence for a blanket “average condition” adjustment is weak. A dated kitchen is not equivalent to necessary building work, and applying one percentage to both could hide the real cost.
Break the work into essential repairs and optional...
I’d be stricter than that. Even without financing, 4.9% gross does not leave a generous cushion for vacancy, management and irregular work. “Demand looks real” is also too broad—demand at MYR 6,029 for this particular 2-bed matters. I would want evidence from genuinely comparable units and would...
That is fair. I would separate listings into unchanged, reduced, withdrawn and relisted. For the reduced group, note whether the cut happened before or after day 28. Without that split, a median time on market could mix motivated sellers with homes that were never realistically priced.
I would not treat 28 days by itself as evidence of stronger buyer leverage. A home can sit because the first asking price was ambitious, then sell quickly after a reduction. Withdrawn listings also make the visible stock look tighter than it really is. The timing of the first price cut may tell...