What is this course about?
To give participants:
1. an understanding of valuation principles, concepts and practice and methods of valuation.
2. the knowledge of how a property valuation is carried out.
3. an appreciation of the relevance of real estate investments and market to property valuation in Singapore.
Personnel working in the real estate sector.
1 VALUATION CONCEPTS (2 HOURS)
1.1 Define property valuation.
1.2 Discuss general valuation concepts and principles.
1.3 Evaluate what market value is.
1.4 Summarise the role of a valuer.
1.5 Discuss the purpose of valuation in relation to mortgage, sale, purchase, stamp duty, estate duty, acquisition, accounting, etc.
1.6 Explain the valuation process.
2 METHODS OF VALUATION (8 HOURS)
2.1 Explain the following methods of valuation and their applications:
a) Direct Comparison Method
b) Investment Method
c) Residual Analysis
2.2. Select the most suitable valuation method in particular situations.
2.3 Understand how a simple property valuation is carried out including inspection of property, collecting data, conducting searches and forming opinion.
3 RELEVANCE OF REAL ESTATE INVESTMENTS AND MARKET TO PROPERTY VALUATION (4 HOURS)
3.1 Define investment.
3.2 Know the range of alternative investments.
3.3 Explain the measurement of investment returns.
3.4 Evaluate the advantages and disadvantages of real estate investments.
3.5 Discuss the characteristics of real estate market.
3.6 Describe real estate cycles.
3.7 Discuss the various sources of demand and supply of real estate.
3.8 Summarise the factors affecting demand and supply of real estate.
4 INTERACTION WITH REAL ESTATE INDUSTRY PRACTITIONERS
Distinguished Industry Practitioner
Ms Poh Kwee Eng,
Executive Director, Regional Head, Valuation Advisory Services (SEA),
Edmund Tie & Co (SEA) Pte Ltd.
Award / Certification / Accreditation
Award of the Singapore Polytechnic Certificate of Attendance for participant whose attendance is not less than 75%. No assessment is needed.
CEA : 4 Core CPD credit hours
1. All applications must be made via Online Registration at www.pace.sp.edu.sg
i) Fill up the electronic form.
ii) Once completed, click on the 'Submit' button.
iii) You will receive online acknowledgement that you have successfully submitted the registration.
iv) Singapore Polytechnic will then register and enrol upon payment of the fees.
For clarification, please email us at [email protected]
Course fees can be paid by the following payment modes: a) For E-payment using Visa/Master cards, please click on the ‘Make e-Payment’ button on the acknowledgement page to proceed.
b) For NETS payment, you can pay at:
Blk T1A, Level 1
Mon-Fri: 8:30am to 8:00pm
Sat: 8:30am to 12:00pm
c) For Cash payment, you can pay at:
Admin Building, Level 2
Mon-Fri: 8:30am to 5:00pm
d) For Cheque payment: Please make cheques payable to “Singapore Polytechnic”. Please cross the cheque and write the Registration Reference ID, Applicant Name and NRIC/FIN number on the back of the cheque. Mail the cheque to:
ATTN: Manager (Short Programmes)
500 Dover Road
Blk T1A, Level 1
Please note that an administrative charge of $15 will be imposed for any returned cheques from the bank or financial institution.
2. All successful applicants will be notified with a letter of confirmation via email.
3. Withdrawal and Deferment
Withdrawal and deferment notice must be made in writing to the Professional & Adult Continuing Education (PACE) Academy via email to [email protected]. For withdrawal cases, the portion of course fee to be refunded is based on the date of notice as follows:
• 2 weeks before the commencement of the course - Full refund
• Less than 2 weeks before commencement of the course - 70% refund
• On or after date of commencement - No refund
The Singapore Polytechnic reserves the right to cancel or postpone any of the courses. Applicants will be duly notified and where applicable, the full fees will be refunded.
The Singapore Polytechnic also reserves the right to amend the fees charged or the period and duration of the courses.
The data provided to Singapore Polytechnic will be kept strictly confidential and will be used for the purpose of course administration. The data may be passed on to the relevant organisations that require the information related to the course.