COLLIERS, Jordan Lee & Jaafar, Malaysia

 Valuation / Appraisal FAQs

   

 

 

 

  

Q:    Why valuation ?

To know the worth of a piece of property or other fixed assets. A valuation exercise of the property is conducted by a qualified valuation officer and a valuation report is then prepared. A valuation report prepared by Colliers, Jordan Lee & Jaafar is recognized as a legal document by most, if not all companies and financial institutions in Malaysia.

The valuation reports are usually specifically prepared for the following usage:

  • market studies and feasibility reports
  • the acquisition or disposal of property
  • as collateral for financing and credit facilities
  • for taxation or other statutory purposes
  • for investment or other corporate management purposes

Q:    What do we, as a professional valuer give ?

We provide you with an independent, well-reasoned and an objective professional opinion of the value of your property.

Q:    How do we value your property ?

  1. We have deep knowledge of both general and detailed aspects of forces affecting the property market. We are constantly updated on property market transactions, sales and purchases and lettings through our comprehensive database prepared and monitored by our research division.

  2. In valuing your property, we carry out actual physical inspection of your property and its surroundings, noting its physical as well as economic features.

  3. We investigate the legal interest and title conditions of your property to analyze how its use and marketability is affected.

  4. Where relevant, we check for planning and development policies and proposals and other regulatory measures to assess the use and feasibility of your development potential.

  5. We investigate the local economic and market conditions, e.g. space requirements, housing inventory and affordability - as well as consider the impact of other national/local government policies for example, housing or fiscal policies on the use and value of real property.

  6. We interpret the facts and make the necessary assumptions.
  7. We use the appropriate and recognized methods of valuation.
  8. We analyze all collated information to arrive at a final value conclusion for your property.

Q:    What does our valuation report contain ?

  1. Our valuation report provide you with data, basis and explanation of our opinion and conclusion of value.

  2. While the exact form and content may vary depending on the requirements and nature of the assignment and type of property, our report will include a summary of all relevant data, a recital of the instructions given, a physical and legal identification and description of the property, a descriptive presentation of planning and statutory requirements and a market analysis of factors that affect the value of the property.

Q:    Why use our company ?

  1. Our professional valuers are the specialist when it comes to advising on the worth of real property.

  2. All our professional valuers must possess the following requirements before they are allowed to conduct valuation assignments.

  • A degree in the real estate and property related field
  • A two years monitored period of practical training
  • Obtained the certificate of professional competency issued by the Board of Valuers, Appraisers and Estate Agents.
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