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Seminars

Residual Valuation from a Developer’s Perspective

Residual valuation is the process of valuing land with development potential. It is a financial assessment to enable a developer to justify the viability of a specific project. The key element is to establish the Land Value before the inception of the project.

Date:
Tue 30 Oct 2018
Time:
06:30 PM - 08:00 PM
Venue:
RICS Office B303, The Design House, Sufouh Gardens, Dubai, UAE
CPD:
1.5 hours formal CPD
From
AED60 + VAT

Overview

The land value derived from the residual valuation is not expected to be an ultimate benchmark to proceed with the project, nor is it a comprehensive list of the information that may be requested for a decision maker.

The rationale is that the developer may look at other factors that effecting the project apart from the land value.   The residual valuation has an extremely sensitive parameters and assumptions, it can be misleading if the whole context is not considered realistically.

Learning outcomes

Attendees will learn about the rational of residual valuation:

  • What is land value and land cost
  • What is profit from a developer’s perspective
  • Actual costs being used by developers in Dubai

Meet the speaker

Mohammed Firdaus Idris has 26-years working experience in general practice (valuation, estate agency, property investment and property developer), ofwhich 14 years as a property consultant and 12 years with a property developer.

Mohammed has a Diploma in Valuation from University of Technology in Malaysia. He holds a BSc(Hons) in Estate Management from London South Bank University, is a Member of the Royal Institution Chartered of Surveyors and a Member of the Royal Institution of Surveyors in Malaysia and Member of PEPS (Association of Valuers Property Consultants in Malaysia).  Mohammed specializes in valuations of special projects such as Special Commercial properties, Airport, Golf Courses, Gas station, Quarry, Hotel, Plantations Valuation, IPO and Merger and Compulsory Land Acquisitions exercises.

Agenda

  • 18:00 - 18:30    Coffee, networking & registration
  • 18:30 - 19:30    Presentation
  • 19:30 - 20:00    Q&A

Please note

  • Do not send payment via bank transfer as this form of payment is no longer accepted for CPD events.
  • We are unable to reserve a place at this event unless payment is made.
  • The presentation will start promptly at 18:30. If you have not checked in by this time (18:30), you will not be able to claim your 1.5 CPD hours.
  • Just a gentle reminder that your recorded CPD hours are monitored by our Regulation team and you are unable to claim Formal CPD hours if you did not attend the event.
From
AED60 + VAT