Course

[26 Mar 26] Reading Market Signals: How Valuations Reflect Changing Property Cycles

OVERVIEW    

In the dynamic real estate landscape, understanding how valuations mirror market cycles is crucial for making informed investment and development decisions. This course delves into the interplay between interest rates, rental trends, demand fluctuations, and their impact on property valuations. Participants will gain insights into interpreting valuation outcomes to anticipate market turning points, enabling proactive strategies in property investment and management.

TOPICS COVERED

Introduction to Property Market Cycles

1. Understanding the four phases: Expansion, Peak, Contraction, Recovery
2. Key indicators signaling each phase

Valuation Fundamentals

1. Overview of valuation methods: Income Approach, Market Comparison, Cost Approach
2. Introduction to key metrics: Capitalization Rates (Cap Rates), Net Operating Income (NOI), Discounted Cash Flow (DCF)

Impact of Interest Rates on Valuations

1. Relationship between interest rates and capitalization rates
2. Effects of monetary policy on property values

Rental Trends and Their Influence

1. Analyzing rent growth and vacancy rates
2. Correlation between rental income and property valuations

Demand-Supply Dynamics

1. Assessing market demand through absorption rates and supply pipelines
2. Impact of oversupply and undersupply on property values

Interpreting Valuation Outcomes

1. Case studies on how valuations reflect market conditions
2. Techniques to read between the lines of valuation reports

Anticipating Market Turning Points

1. Identifying early signs of market shifts
2. Strategies for leveraging valuation insights to time investments

LEARNING OUTCOMES

• Comprehend the cyclical nature of property markets and its impact on valuations.
• Apply valuation methods to assess property worth accurately.
• Interpret valuation reports to gauge current market conditions.
• Analyze the influence of interest rates, rental trends, and demand-supply factors on property values.
• Utilize valuation insights to anticipate and respond to market turning points effectively.

TARGET AUDIENCE

• Developers
• Asset Managers
• Investors looking to make informed acquisition and disposal decisions
• Financial Analysts involved in property valuation and market analysis
• Real Estate Consultants advising clients on market trends and investment strategies

CPD POINTS

2 PDUs: PEB

KNOWLEDGE PARTNER

Ms Ednas Wong, Associate Director, CKS Property Consultants

Ednas Wong is the Associate Director of Valuation at CKS Property Consultants and a Licensed Appraiser with more than 19 years of experience across the property and real estate sectors, including valuation, investment sales, marketing, sale and leasing. She has deep expertise in valuing residential, commercial, industrial, and specialized assets for a wide range of purposes, such as mortgage financing, statutory acquisition, en bloc redevelopment, and investment analysis. Ednas is also a Member of the Singapore Institute of Surveyors and Valuers (VGP Division), she has managed significant assignments for both corporates and statutory boards, including MAS, HDB, JTC, MOE, Sentosa Development Corporation and other government agencies. In her current role, she is heading the Valuation department at CKS Property Consultants, where she is responsible for corporate projects, training initiatives, and business development.

Terms & Conditions

Request for withdrawal must be made in writing. We encourage particpants to nominate a replacement for the session. Refund requests are subject to approval on the following conditions: 

• Requests sent in at least 2 weeks before commencement: 50% of course fee refunded.
• Requests sent in less than 2 weeks before commencement: No refund, full course fee payable.

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