Urban Renewal Project for Housing Authority

The Challenge

• Valuation of over 300 property interests
• Time costly and labour intensive assignment while under a tight timeframe
• Variety in building conditions and property conditions
• Quality control on valuation and reports done by a big team of valuers
• Negotiation with the affected owners and their representatives

The Solution

• Search, inspection and analysis of over 50 comparables in similar characters prior to
• making appropriate adjustment and judgment
• Thorough planning for the projects and well co-ordination among staff and time control
• Due diligence on relevant documents, plans and information
• On-site clarification in respect of the dimensions, building conditions, view, etc.

The Result

• Successfully assessed the exiting use values of the properties well ahead schedule
• Satisfied the client's requirements in term of quality, accuracy and timing
• Well presented our evidences to the affected owners and their representatives
• Established good reputation and brand name in the industry for CBRE.