OUR PROFESSIONAL SERVICE
IM GLOBAL PROPERTY CONSULTANTS offers a variety
of professional property consultancy and valuation services
in relation to fixed assets of agricultural, industrial,
commercial and residential categories covering land,
buildings, plant & machinery and equipment.
(A) VALUATION (LAND AND
BUILDING
The fundamental purpose of a valuation is to estimate
value i.e. the Market Value.
The term "Market Value"
is the estimated amount for which an asset should exchange
on the date of valuation between a willing buyer and
a willing seller in an arm’s length transaction
after proper marketing wherein the parties had each
acted knowledgeably, prudently and without compulsion.
Valuation may be required for various purposes as follows:-
| 1. |
Mortgage valuation; |
| 2. |
Capital valuation for sale and purchase; |
| 3. |
Rental valuation for leasing and
letting; |
| 4. |
Fire insurance valuation; |
| 5. |
Valuation for auction reserve; |
| 6. |
Valuation for rating; negotiating
the reduction of Annual Value with the Local Authority; |
| 7. |
Valuation for corporate purposes
including capital issues and mergers; and |
| 8. |
Valuation for taxation purposes e.g.
Real Property Gains Tax, Estate Duty and Stamp Duty. |
(B) VALUATION (PLANT
& MACHINERY
Plant and Machinery valuation may be required for the
following purposes:-
| + |
valuation for loan and
mortgage; |
| + |
valuation for company accounts and
financial statement; |
| + |
valuation for receivership/insolvency;
|
| + |
valuation for merger, acquisition
and takeover; |
| + |
Valuation for auction reserve; |
| + |
insurance valuation; |
| + |
Market Value of machinery; |
| + |
forming part of the continuing business; |
| + |
to remain "in-situ"; and |
| + |
for removal from premises. |
The role of the valuer is to assess the value of the
plant and machinery by conducting a factory floor inspection
and detailed survey of all the physical assets so as
to record the nature, extent and condition and subsequently
to determine the machinery and plant on site as against
the register/client's own records.
Our plant and machinery valuer then proceeds with the
detail valuation taking into consideration various factors
like efficiency, viability, depreciation, cost and obsolescence.
The valuation report on plant and machinery is in the
form of a plant register showing main items of machinery,
grouped either by physical location, by brief technical
description, each item will be individually priced on
the basis of definition such as Cost Reproduction New,
Sound Value, Market Value and Forced Sale Value.
(C) PROPERTY MANAGEMENT
Our services as Property Managers, include advising
clients on overall management and leasing policies with
the main objective of securing and maintaining maximum
income from the client's properties and ensuring minimal
cost.
The services include:-
| + |
arranging of rents and
advise on tenancy covenants including rent views; |
| + |
opening client's account, maintaining
records of income and expenditure and submitting
monthly or quarterly statements; |
| + |
negotiating lease terms including
advise on renewals and re-lettings; |
| + |
liaising and coordinating with the
consultants, contractors and the authorities in
respect of maintenance and renovation works; |
| + |
attending to complaints by tenants; |
| + |
engaging on client's behalf and at
the client's expense contractors to service air-conditioning
plant, lifts, standby generator, fire-fighting installations
and other mechanical and electrical installation
and supervising them; |
| + |
enforcing tenancy covenants and conditions;
|
| + |
prepare plans and instructions to
cater for emergency situations like the outbreak
of fire, bomb threats, etc; |
| + |
pay assessment and quit rent on
behalf of client; and |
| + |
administrating maintenance contracts,
supervision of repairs and advise on estimates.
|
In the course of implementing our management duties,
the following in-house staff will be designated to be
responsible for the management and supervision of the
building. However, this would depend on the nature of
property managed and upon the terms of reference.
The staff are as follows:-
| a. |
Building Supervisor |
| b. |
Chargeman |
| c. |
Wireman |
| d. |
Handyman |
| e. |
Carparking attendants (if the parking
is not contracted out) |
Several of the services can be on contract basis:-
| a. |
Cleaning Services |
| b. |
Security Services |
| c. |
Maintenance of Lift and Escalator |
| d. |
Maintenance of Air-Conditioning System |
| e. |
Pest Control |
| f. |
Landscape Maintenance |
| g. |
Maintenance of Fire Fighting Installation |
(D) ESTATE AGENCY
The services rendered under Estate Agency involve:-
| + |
advise on property investment; |
| + |
arranging and seeking suitable properties
for occupation; |
| + |
advise on marketing and purchase
of residential, commercial, agricultural and industrial
properties; |
| + |
securing tenants and negotiating
leases; |
| + |
advise on the best mode of disposing
a property utilising the best marketing strategy
for effective disposal; |
| + |
provide an objective outlook on the
marketability of client's property; and |
| + |
assist in defining client's needs
and focus on target market. |
(E) MARKET STUDY
The Market Study which comprises an analysis and evaluation
of the market supply and demand on various types of
properties will serve as the main basis for the identification
and specification of the most optimum development.
Briefly, the Study includes the following:-
| + |
Extrapolation of the
catchment areas, for the various components in the
proposed development, through regional analysis; |
| + |
Market survey to up-date and up-grade
data resource on existing/ committed/proposed development
and related socio-economic factors within the catchment
area; |
| + |
Evaluation of regional development
growth pattern and its impact on the proposed development; |
| + |
Identification and specification
of the most optimum development, incorporating flexibilities
to accommodate anticipated changes in market conditions
and demand; and |
| + |
Recommendation on development phasing
and sales rates to enhance profitability of the
proposed development. |
(F) AUCTION SERVICES
The services rendered under this section include,
firstly the action for Courts/Land Administrator to
conduct auction of land, building and chattel. Secondly,to
act on behalf of clients and bankers to conduct sale
of properties by Public Auction or Private Auction.
Finally, to assist clients to bid properties at Public
and Public Auction
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