VALUATION

Valuation is the procedure of determining the current worth of an asset or a company. Valuations are highly subjective calculations that aim to determine the fair market value of a company.

Therefore, as Valuers we consider an estimate of property’s value based on economic consideration, social developments, government regulations and environmental conditions that may impact the four element of value as listed below;

Demand

The desire or need for ownership supported by the financial means to satisfy the desire.

Utility

The ability to satisfy future owners’ desires and needs.

Scarcity

The finite supply of competing properties.

Transferability

The ease with which ownership rights are transferred.

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