What is Property Valuation
We always hear the word valuation when it comes to investing properties particularly in subsale. So what is this property valuation anyway?
In this article I will share the purpose, the elements, processes and typical content in a valuation report.
Property valuation can be defined as a process of estimating property value for a certain purpose, at a certain time based on the property’s characteristics by taking into account all the factors that can affect property value.
Posted by Danny Ko on Monday, May 24, 2021
