Appraisal is the process of estimating the value of parcels of real estate. The process involves the systematic comparison of the sales prices of a subject property and several comparable properties. Appraisers use three general methods, or approaches- sales comparison approach, cost approach, and income capitalization approach.
Residential appraisal involves the systematic comparison of value-determining features among similar properties: lot size, location, financing terms, and so on. Usually the appraiser compares the feature of subject property whose is values is being evaluated with the features of several neighboring property that has sold recently (known as comparable property). Appraisers adjust the sale price of each comparable property to reflect the ways in which the subject property is more or less valuable.
Why choosing CPL Properties Valuation Service?
1
Reliability: The result of valuation is truthful because of the process of measuring, calculations and paper works were done by our professional staff.
2
High morality: All the staff they are friendly, honest and they don’t
wok related with corruption.
3
Responsibility: After submitting the documents to the customers if they
don’t understand any points we always go to explain to them. Further
more, in case of customers find difficulty to present to other party we
can help to present for them.
4
Competitive: talking about quality service, activities of work the price
that we charge is cheaper compared to other companies.
5
CPL is the most experience in real estate in Cambodia that was recognize
by local and foreign organization.
6
CPL is a license company for providing the real estate and property
valuation service.
Why is Property Valuation important?
Property Valuation and Appraisal is a necessary and important process for all real estate because property values are not readily apparent. The process of evaluating real estate depends on the current properties market value that has been exchanged between the willing sellers and buyers.
In that market many transactions occur each minute and prices are known almost instantaneously. Appraisers often must make in detail and systematic adjustments among several less-similar properties. Estimate of value are important because they determine the price owner ask for their properties and that potential buyers are willing to pay.
Most people are unwilling to sell a possession, especially their most value possession-real estate-for less then it is worth; most buyers do not to pay more than it is worth. Since real estate values are not readily known, appraisers are employed to estimate values through specialized method and techniques.
Why should you evaluate your property?
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To understand about your property market value for buying and selling purpose, if you don’t know about the market price of property clearly your decision for buying or selling the property may lower or higher than the market price.
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Property Valuation for bank collateral, in case you want to borrow the money from the bank you have
to make the property valuation as a bank collateral and security.
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For investment purpose, if you want to cooperate, joint venture, and
investment your real estate with the foreign partner you have to make
your property valuation in order to know the exactly value of the
property.
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Declaration of asset, both private and organization always have the
property but in order to know the value of the property we have to make
the property valuation.
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For use in the embassy, if you want to send your children to study
abroad such as USA, Canada, Australia, etc the requirement for property
valuation in order to show the asset is required.
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Residential property: villas, flats, condominiums, apartments,
etc.
Industrial: factories, warehouses, industrial lands, etc.
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Land: Vacant lands, industrial land, farms, agricultural land etc.
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And other investment research.
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Bank: ANZ Royal Bank, Cambodian Public Bank, Union Commercial Bank, Cambodia Asia Bank, First Commercial Bank, Canadia Bank, Vattanak Bank, ABA Bank, National Bank of Cambodia, Acleda Bank Plc, Shinhan Khmer Bank, Maruhan Japan Bank, World Bank, ADB,
etc.
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Embassy: US Embassy, Canada Embassy, Japan Embassy, Australia
Embassy, New Zealand Embassy, British Embassy, Singapore Embassy, etc.
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Multinational Company: Chevron Cambodia, Kampuchea Tela, GS E&C, Nagathom Land Co., Ltd (British Joint Venture), Adwood Investment Co., Ltd, Suntex Pte, Ocean Sky Garment factory, SL Garment Procession Co., Ltd, Cambodia Carton Limited, MH Bio Energy Group Co., Ltd, TJH Group, KBB Resources Berhad (Malaysia), CB Richard Ellis Limited (Hong Kong) etc.
CPL is the leading property valuation service in Cambodia that was recognize by national and international company
We provide the fastest with your time frame even your property is locationed in Phnom Penh or province
