Frequently Asked Questions (FAQ) - Valuation & Advisory Services

To ensure a precise and tailored quotation, the following information is typically required, depending on the asset type:

• Legal documentation of the asset or project, including the Land Use Right Certificate and Ownership Certificate, detailing location, site area, and property condition.

• Master Plan (1/500) (for development sites)

• Key development parameters and technical specifications

• Construction status and development progress.

• Operating performance (for income-generating assets).

• Architectural layouts, technical drawings, and relevant planning documentation.

• Intended purpose of the report, report language, and required delivery timeline.

The valuation advisory process comprises the following key steps:

• Detailed discussion to clearly define the purpose of advisory and the basis of value prior to contract signing.

• Collection of legal documentation, operating information (for income-generating assets), or development-related information of the asset/project.

• Physical inspection of the asset is conducted after a thorough understanding of its documented characteristics.

• Market data and comparable evidence are analyzed, and appropriate valuation methodologies are applied to derive the advisory conclusion.

• The report is completed in accordance with professional standards and delivered within the agreed timeline.

The timing for completion varies depending on asset type, complexity, and data availability. Indicative turnaround times (from completion of inspection and full information receipt) are as follows:

• Residential properties (townhouses, apartments): 2 – 5 working days

• Industrial properties (land, factories, warehouses/ready-built facilities for lease): 5 – 10 working days

• Commercial properties (office buildings, shopping malls): 10 – 15 working days

• Hospitality properties (hotels, serviced apartments, resorts): 10 – 20 working days

• Large-scale projects / asset portfolios (townships, industrial parks): 20 – 30 working days

Yes. We provide feasibility study services for all types of development projects, combining market analysis with the developer’s concept to develop scenario-based financial metrics that support investment decisions.

Typical delivery timelines range from 4 - 6 weeks, depending on project scale and complexity. More complex or mixed-use developments may require additional time for deeper analysis.

The implementation of the new land price list starting January 1, 2026, under the 2024 Land Law—shifting from a fixed five-year "land price frame" to an annually updated "land price list" aligned with market values—will have the following impacts:

1. Direct Impact on Costs and Asset Values

Aligning land price tables more closely with market prices will change the cost structure across most real estate types:

• Increased Financial Obligations: Fees such as land use fees, registration fees, and expenses for issuing land use right certificates (Red Books) will rise significantly. This directly affects individuals holding agricultural land who wish to convert its use or residents seeking to legalize their property titles.

• Higher Compensation Values: Landusers whose properties are acquired will receive higher compensation, more closely reflecting the actual market value.

2. Impacts across different market segments

• Suburban Land Plots and Self-built Houses: This segment will be most affected due to significantly higher taxes and fees.

• Commercial and Industrial Real Estate: Annual land rental costs may increase under the new price tables, putting additional pressure on businesses operating commercial assets or manufacturing facilities.

• Real Housing Segment (End-users): As input costs rise, the supply of affordable housing will become even scarcer. This will necessitate government intervention to develop social housing for low- and middle-income groups.

3. Accelerated Market Supply

Despite the cost pressures, faster site clearance and compensation processes will help bring "clean" land bank to the market more quickly.