On this episode, Director Louis talks about the content of a valuation report and the clear understanding of opinion expressed by the valuer, the basis of valuation used and the assumptions on which it is based.

Below are the minimum requirements to be contained in a valuation report:
1. Instruction of value
2. Interest to be valued
3. Purpose of valuation
4. Valuation date
5. Title particulars
6. Description of property
7. Planning details
8. Assumptions
9. Basis of Valuation
10. Approaches to Valuation
11. Evidence of value
12. Opinion of value
13. Plans
14. Photographs
15. Name and Signature of the valuer

Stay tuned for some great insights from Hartamas Property 101 Series.

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