In 2018, the team launched their internal property valuation system, tapping into the latest technologies. This internal valuation system helps our property valuers to improve work productivity and streamline processes, reducing the traditional manual work in property valuation. By going paperless, we issue e-valuation reports to our clients, providing a more efficient and environmentally-friendly solution. As a leading real estate valuation company, the team aims to further enhance the system and be the first property valuation expert to automate the whole valuation processes, which enables us to deliver the valuation reports in a shorter time frame for standard properties.

The team, in recent years, is actively involved in rental valuations for statutory boards for various property types and purposes. Examples would be the rental valuation of ATMs, vending machines, advertising, event spaces and unique properties. Our property valuation experts and real estate consultants will analyse and adopt different methods of valuation to ensure a thorough assessment. When market data is scarce, our property valuers will conduct in-depth market research analysis and conduct data collection from various sources to derive the true value of the property in the current market. In recent years, we have also seen an increase in requests from private owners seeking to obtain fair rental value of their properties, making our property valuation services in Singapore highly sought after. As one of the trusted real estate valuation companies in the region, we are committed to delivering precise and reliable valuations, specialising in property valuation in Singapore.

In this fast-paced digital era, banks are embracing new technology to speed up the home loan process for homebuyers. With this objective in mind, United Overseas Bank (UOB) entered into an exclusive partnership with CKS Property Consultants, a leading real estate consultancy, to develop an Automated Valuation Model (AVM) as part of its digital real estate ecosystem.

The AVM is a software program that uses robust methodology and sophisticated algorithms to instantly generate an indicative value for a specified property. Using proprietary algorithms that have been rigorously built and tested by a team of licensed property valuers and based on the latest transactional data, the AVM allows users quick and easy access to property valuation services in Singapore, enabling them to receive accurate indicative valuations for residential properties at any time and from anywhere.

In 2018, UOB successfully launched the UOB Home Solution platform, featuring the first bank-backed instant property valuation service, developed by CKS, a trusted name among real estate valuation companies.