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  • Beige Brown Vintage Group Project Presentation

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    Puteri Amira
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    The document provides instructions for valuing a 4-story shop office with a freehold interest. The landlord is responsible for annual outgoings. The property is currently rented out for 3 years with rents ranging from RM1,000 to RM6,000 per month depending on the floor. To determine the market value, the valuer must consider the current rents, potential full rental value, annual outgoings such as repairs and fees, and a 7% rate of return comparable to similar freehold properties in the area.

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    valuation

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    Beige Brown Vintage Group Project Presentation (5)

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    The document provides instructions for valuing a 4-story shop office with a freehold interest. The landlord is responsible for annual outgoings. The property is currently rented out for 3 years with rents ranging from RM1,000 to RM6,000 per month depending on the floor. To determine the market value, the valuer must consider the current rents, potential full rental value, annual outgoings such as repairs and fees, and a 7% rate of return comparable to similar freehold properties in the area.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    5 views3 pages

    Beige Brown Vintage Group Project Presentation

    Uploaded by

    Puteri Amira
    The document provides instructions for valuing a 4-story shop office with a freehold interest. The landlord is responsible for annual outgoings. The property is currently rented out for 3 years with rents ranging from RM1,000 to RM6,000 per month depending on the floor. To determine the market value, the valuer must consider the current rents, potential full rental value, annual outgoings such as repairs and fees, and a 7% rate of return comparable to similar freehold properties in the area.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 3

    PRINCIPLES AND

    METHODS OF
    PROPERTY VALUATION
    NAME: PUTERI AMIRA QISTINA
    BINTI AZMI
    MATRIC ID: A23BE0374
    CODE: SBET1033-2
    QUESTION
    You are a real estate valuer tasked with valuing a 4-storey shop office, with a freehold interest. The landlord is
    responsible for annual outgoings (external repairs, assessment, quit rent, insurance, management fees). The
    property is currently rented out for 3 years. The rate of return for similar freehold properties at 7%. With
    reasonable assumptions, please advise the market value of the subject property.

    Financial Details:
    Current rents:
    Ground Floor: RM6,000 per month
    First Floor: RM3,000 per month
    Second Floor:RM2,000 per month
    Third Floor:RM1,000 per month

    Full Rental Value:


    Ground Floor: RM7,000 per month
    First Floor: RM4,000 per month
    Second Floor: RM3,000 per month
    Third Floor: RM1,500 per month

    Annual Outgoings
    : External repairs: RM15,00
    Assessment & quit rent: RM7,000
    Insurance: 3% of gross rent
    Management fees: 5% of gross rent
    investment
    methode

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