Commercial Property Valuation

34 Real Estate Valuation undertakes commercial property valuation with accuracy and professionalism. We apply the Income approach to valuing commercial properties, as they are typically income-generating. Examples of standard commercial properties include office buildings, shops, residential/commercial/mixed-use buildings, villa compounds, labor camp buildings, and malls (if rented out), among others.

The process of commercial valuation involves several professional and sensitive steps, which are illustrated below. In simple terms, the income approach requires an in-depth analysis of several key financial elements of the subject properties, such as their total income, operating and maintenance expenses, occupancy/vacancy rates, and an appropriate market rate of return.

The valuation process of each property is unique. Appraisers must consider several standard or unique attributes while valuing the property. These factors may include its location, size, age, development quality, condition/defects, view, positioning, upgrades, extension, facilities, engineering installations, fit-outs, and other such attributes.

At 34 Real Estate Valuation, we apply a meticulous level of study and analysis of the unique attributes of the subject commercial property to all the relevant financial elements and make financial adjustments accordingly.