Investment Valuation and Appraisal (UiTM Press)
NOR NAZIHAH CHUWENI, LIZAWATI ABDULLAH, SITI FAIRUZ CHE PIN, NUR LESYA FIRSYA JOHAIMI LING, FAZA FAYZA MOHD FAWZY
UiTM Press, Dec 14, 2020 - Business & Economics - 78 pages
Investment Valuation and Appraisal is a comprehensive publication outlining the aspect of real estate investment and valuation in Malaysia. This book has been written for anyone with an interest in real estate investment and valuation including students, investors and other real estate players. This book provide a good understanding of real estate investment valuation and latest techniques in real estate appraisal by exploring the landlord-tenant relationship such as marriage valuation and premium calculation. The term and reversion, hardcore and layer method as well as the discounted cashflow approaches are covered.
annual sinking fund annum and ARY annum and income annum net appraisal capital gain capital value commercial property comparable properties current rental value currently let deposit account Direct property investment DISCOUNTED CASH FLOW Discounting Factors Estimate the capital Example existing lease Fairuz freehold and leasehold freehold interest freeholder’s interest full market rental Full Rental Value hardcore method IM Global income tax Income Yields Indirect Investments interest rate IRR calculation land landlord lease term LEASEHOLD INTEREST leaseholder’s lessee Malaysia market rental value marriage value NET PRESENT VALUE NON-PROPERTY INVESTMENTS opportunity cost owner period Present Value prevailing lease profit rent property is let Property Valuation purchase Rack Rented rate of return real assets real estate investment rent reviews rental growth rental income Return and Risk Reversionary risks yield similar properties target rate tenant Term and Reversion Total Yields Unsystematic Risks vacant possession Value of comparable view Step