Our Valuation Methodology has followed the RICS Valuations- Professional Standards January 2014, which is also compliant with International Valuation Standards. Normally, we provide the” Market Value” as the basis of valuation. However, at the request of our bank partner, we can provide the estimate of forced Sale Value and Fire Insurance value. (RICS = Royal Institute of Chartered Surveyors, based in UK) Generally, we apply three broad approaches to valuation: (i) Market or Sale Comparison Approach, (ii) Cost Approach, and (iii) Income Approach. An approach to value is included or omitted based on its applicability to the property type being appraised and the quality and quantity of information available.
We would like to inform you that VTrust Appraisal Co., Ltd is different from most other typical local valuation companies in the following main strengths
We claim we are one of the best local firms in terms of service quality and professionalism in the industry. Our services have been used and preferred by international banks including J Trust Royal Bank, CIMB, Hong Leong, Maybank and other local Banks. Because of the recognized service quality, we have been able to charge premium service fees over other local firms. So far, we have no issues regarding our reputations and professionalism. We are a clean company, complying with tax regulations, Securities and Exchanges Commission of Cambodia (SECC). We can avoid serious conflict of interest by being an independent firm providing only the valuation services using our proprietary database. The conflict of interest normally take place when a firm is both an agency and valuer as indicated in above.
As a leading appraisal firm, VTrust Appraisal has been certified and affiliated with a number of certifications and achieved accomplishments as follows - Certification - Affiliations - Prominent valuation Projects - Market Research Publication