Executive Summary Discussion Document The Depreciated Replacement Cost method of valuation (DRC) Strict adherence to International Valuation Standards is essential for determining market value March 2023 Author: Kenneth Ray Davies B.COMM., MBL., FIV(SA), MDP. (UNISA). Registered Professional Valuer (2051/4) daviesk@global.co.za 083 327 4405 1.1 Introduction In June 2005 at the South African Institute of
Summary by Graham Allan - KZN Chairperson On 1st March 2023, delegates met at Master Builders Association, Westville, Durban, to attend the 2023 KZN Branch AGM & Seminar. The breakfast meeting was characterized by great networking sessions, discussions with topical discourse around the economic outlook and property market as well as the election of
At the time of inditing this blog, it is end February 2023 in the midst of South Africa’s summer – 35 months on from when Covid 19 hit the South African and Global shores and wreaked havoc in many economies worldwide; emerging and established economies were not spared the effects of the C-19 Lockdowns.
By John Loos, Property Strategist, FNB Commercial Property In a downturn, property market values can deviate dramatically from the market ‘equilibrium’ value, which can be lower in recessionary times due to strong resistance by the market to dropping values in order to sell. The result can be a significant oversupply in the market and
Industry leader: Every month, SAIV profiles some of our most established property valuers who have become leaders in the industry due to many years of experience. What made you pursue a career in property valuations? In 1970 as a first venture after school, I was attracted by the mix of outdoor and
VALUATION OF A FRUIT FARM | PART TWO (with application to a citrus farm) INSPECTION Inspection is carried out for the obvious reason that a property cannot be valued unseen, but as well as to note: Verification of physical features, (soils, topography and climate) that determine the production potential of the farm; Plantation population
VALUATION OF A FRUIT FARM (with application to a citrus farm) INTRODUCTION The purpose of this session is to follow up on the lecture of Mr Veldman to complete the whole picture on the valuation of a citrus (or fruit) farm, namely to round off the discussion of value forming attributes with some practical
16 January 2023. The environmental, social and governance (ESG) framework is a critical topic. The green premium drives the need for investors, property owners and property valuers to focus on ESG and incorporate these factors into their investment and valuation criteria. Concerning the valuation industry, in simple terms, it means that the property sector can
This portal enables registered members to: Connect directly with other members Gain access to the online community page where opportunities, industry information and resources are shared Post directly to the SAIV Community page View and register for upcoming events Manage your membership account including: applying, renewing and selecting membership packages. You can access
In the video below Past SAIV President, Patrick O'Connell shares some insight into his property valuation career.
