Property valuation is an integral part of any property transaction in Singapore. Whether it is an HDB flat, condominium, landed property, or retail space, a valuation report of the property’s fair market value serves as a vital benchmark for buyers and sellers to negotiate over the property price.
By understanding the property value, sellers can know how much the property is valued and what goes into its valuation. Meanwhile, potential buyers can rest easy knowing that the property is available to them at a ‘fair value’. This helps avoid pricing disputes during negotiations.
Property value reports play a crucial role in making informed decisions about real estate investments. A professional property valuation provides reliable insights, enabling individuals and businesses to secure financing, manage tax obligations, or evaluate investment opportunities with confidence.
For buyers and sellers, understanding a property's value ensures transparency and confidence during transactions. Buyers gain insights into the fair market value, preventing overpayment, while sellers can price their property competitively to attract the right offers. This clarity fosters peace of mind, allowing both parties to negotiate from an informed position.
Investors rely on accurate property valuations to gauge the potential return on investment (ROI). By knowing the true market value, investors can make informed decisions about acquisitions, disposals, or portfolio diversification. This approach helps minimise risks and maximise potential profits.
Banks and financial institutions often require an assessment of a property’s value when granting loans or mortgages. Additionally, understanding property value is crucial for tax assessments, ensuring compliance with tax regulations and preventing overpayment.
Discover the expertise behind our property valuation services. Whether you’re buying, selling, or leasing, we provide accurate assessments tailored to your needs.
Covering HDB flats, condominiums, and landed homes, our residential valuation services provide clarity on property value for personal and investment decisions.
From office spaces to retail outlets, our commercial property valuation services ensure businesses have accurate insights for strategic planning.
Maximise rental income or secure optimal lease terms with our rental valuation services, tailored to the dynamic Singapore market.
At CKS Property Consultants, we offer comprehensive and accurate property valuations tailored to meet your specific needs. Whether you’re buying, selling, or investing, our expert team provides reliable assessments that guide your real estate decisions. Contact us to schedule a professional valuation and gain confidence in your property transactions!
Our team specialises in providing valuation reports for a wide range of real estate types, including residential, commercial, industrial, and retail properties. We have extensive experience in valuing properties of all sizes and complexities.
The timeframe for a property valuation can vary depending on the complexity and type of the property. We recommend promptly providing our team with the essential documents and information to ensure timely and thorough service to meet your valuation needs.
Rest assured that all of our property valuations comply with local regulations and international valuation standards. Our team is fully accredited and stays updated on the latest industry practices to ensure our valuation reports are accurate, reliable, and legally compliant.
It is advisable to have your property valued every 1 to 3 years or whenever there is a significant change in the market, your property’s condition, or its usage. Regular valuations help you stay informed about your property‘s current market value, which is crucial for decision-making.
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In 2018, the team has launched their internal valuation system, tapping on the various up-to date technologies. This internal valuation system helps our valuers to improve work productivity and streamlined work processes, reducing the traditional valuation manual work and also going paperless by issuing e-valuation reports to our clients. The team aims to further enhance the system and be the first valuation firm 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. The valuers will analyse, adopt different methods of valuation in assessment, if there is lack of data in the market, our 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 to obtain fair rental value of their properties.
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 to develop an Automated Valuation Model (AVM) in support 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 appraisers and based on latest transactional data, the AVM allows users quick and easy access to indicative valuations for their residential properties anytime, anywhere.
In 2018, UOB successfully launched the UOB Home Solution platform, featuring the first bank-backed instant property valuation service in Singapore, developed by CKS.