Real estate is a term in use in some countries, especially in the United States of America, English, Canada, Australia and includes the land along with building on the land, such as a house, shop, hotel, and any other development in that location. Real Estate is also wrapped around the laws and regulations in the countries concerned. In Malaysia for example, have local Goverment Act, Certificate of building, road and Drainage act, Developer housing act and so forth. Real estate is often considered as a symbol of wealth.
Development of the country also have something related to the development of real estate, such as the development of the home, officer, shophouses, shopoffice, apartment, hotel and other development on the land concerned.
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