At Colliers, I take pride in harnessing broadened market knowledge with our in-depth research information. As a valuation professional, it enabled me to provide the best guidance and solutions for our clients’ strategic planning and corporate compliance.
2. As an Associate Director for Valuation Services, what do you think is the most challenging aspect of the job, and how do you overcome that challenge?
"Valuation is a recurring service required in every stage of the business cycle from inception where property acquisitions would play a critical role in the success of a business"
Valuation is a recurring service required in every stage of the business cycle from inception where property acquisitions would play a critical role in the success of a business, to corporate compliance where understanding the current asset values will be necessary for financial reporting, to the unfortunate circumstance of cessation where either property disposal or business merger would be the only choices left.
The most challenging aspect, alongside these opportunities, incumbent upon the valuation industry, is enabling clients to appreciate and fully understand a valuation premised on looking into the potential economic benefits of the Property the way the international market considers it, since some local clients and investors rest on knowing only the asking price level in the market.
Prudent investors generally achieve greater success as they equip themselves with unbiased, objective, and professional third-party opinion of value rendered by highly competent valuation experts with sufficient and relevant market information.
"In valuations, particularly involving forecasts of potential economic benefits of a property, the consequent market implications are imputed in the estimate to reflect a relevant and realistic value that market participants can reliably consider."
With the current unprecedented market uncertainties due to the pandemic, global economies have faced challenges and downturns. In valuations, particularly involving forecasts of potential economic benefits of a property, the consequent market implications are imputed in the estimate to reflect a relevant and realistic value that market participants can reliably consider.
Investment plans, especially those with long-term options, should look at prevailing market uncertainties as an opportunity to grow and earn more rather than as purely challenges impeding success. A carefully and fairly analyzed valuation would help investors achieve it.
