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A 1250 square meter property in Salmiya is recently sold for 3250 KWD per square meter, and its monthly income is 18,000 KWD. a) What

A 1250 square meter property in Salmiya is recently sold for 3250 KWD per square meter, and its monthly income is 18,000 KWD.

a) What is the cap rate of Salmiya ( 2points)

b) If the population in Salmiya is expected to grow over the next year, how do you think it would impact the cap rate and property value? Explain. (2 points)

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