Development Appraisals

Prior proceeding with any property development project, we highly recommend carrying out an external property appraisal. This enables the developer or the investor to receive an expert opinion on the envisaged development, contributing in the overall success of a viable project. An accurate and fully planned project from start to finish minimises the financial risk and uncertainties which in turn contribute to easier handling of the applications for financing, planning/permits approvals and overall project management.

Our services would generally cover:

Appraisal of development land based on its Highest and Best Use (HBU),
Sensitivity analysis of key variables,
Calculation of expected return/Internal Rate of Return (IRR) on the project for the developer/investor,
Estimated timescales for development completion, and
Identification of key risks associated with the project including external factors that should be taken into account.

To whom are development appraisals useful and why?


Development appraisals are important to various stakeholders, including but not limited to:

Property developers: to assess how viable a proposed project is and whether it should be pursued.
Investors and lenders: to calculate the potential level of return and weigh those returns against the risk of the project.
Landlords: to assess the potential of their site.

Any type of proposed development

From residential to commercial and industrial projects.

Receive a Development Appraisal in 3 Easy Steps

Step 1

Let’s discuss

Send us an email or call us to privately discuss your needs and the proposed engagement for which our firm’s assistance is required.

Step 2

We get to work

Once we agree on the way forward by way of signing the Terms of Engagement, we shall commence our work. Specifically at this stage, we will be gathering the necessary data, documents and clarifications, some of which require your input, inspecting the property and doing market research for the purposes of drafting our report.

Step 3

Development Appraisal

Our report will be finalised and delivered to you, usually within five (5) to ten (10) business days from the date we receive the duly signed Terms of Engagement and the necessary information for the engagement. Once we obtain a sufficient understanding of the facts, if the engagement entails enhanced complexity affecting the estimated timeline, this will be discussed with you.

In a nutshell, a development appraisal assesses the viability of a proposed development or redevelopment project.

Unlock your property’s true potential.

Contact us