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Information and methods to assist you in preparing for your Singapore property appraisal
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JeremyTan.co :-About us • Real estate is always considered as the asset class and has created the image of higher return and wealth for people and investors around the world. Being in this industry for so long, jeremytan.co understands the huge importance of deciding on one of the largest investments in a buyer’s life. That is why we continuously place ourselves in our customer’s budget, whether it is based on their requirement for their stay property or an investment home for capital growth rental yield. We are always standing on the side of our clients. • Our founder Jeremy is a man with deep experience in institutional real estate investing and property valuation in Singapore. We help and guide our clients to find and resale flats in Singapore by providing institutional-quality analysis, asset management, and liquidity at much lower investment thresholds. We educate and assist our clients to make the right buying decisions. We make renting a house in Singapore easier, quicker, and smarter!
Information and methods to assist you in preparing for your Singapore property appraisal • The process that determines the economic value of real estate is property valuation. It usually strives for fair market value but cannot be equal to the sale price as the owner may sell the property right away due to financial crises or other factors. • The property valuation in Singaporeaims for the buyer to provide information on the prevailing prices of the property. It also protects you from fraud and scams.
Firstly, by submitting your updated documents related to your property. Onsite visit and evaluation of the property by certified property evaluator Measurement and assessment of the property to check the construction quality with the collection of property images for further reference for internal and external inspection Assessment of location like facilities nearby, institutes, and airports that will bring up the valuation of the property Lastly, Property valuation in Singaporeprepared for the final draft report containing a calculated valuation figure that will compare sales and images description of the property. How Does The Valuation of Property Work? Place your screenshot here
Methods for accessing the property valuation in Singapore Place your screenshot here The residual method: This method allows developers to specify an affordable price for the land. This method is simple and intuitive. You may have to deduct all the costs from the construction like materials, labor, etc. It also requires profit that induces the developer to take on the projects. Direct rental comparison: This method helps rental comparison quickly and easily, including residential or specialized commercial properties. It also involves and adjusts the contractual rental evidence to find the perfect market value of the property. Method of profits: An expert like Jeremy Tan, who works for the clients’ portfolio with a tailor-made strategy, helps in the best capital value of the property. The profits method calculates the higher value of the property if you are the owner of the income-generating property. It can also apply to residential properties in Singapore.
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