Asset Valuation
As the Housing Authority conducts strict reviews of public housing tenants' asset declarations, many tenants are beginning to pay attention to the declaration of their property assets. The Housing Authority has stated that owning properties in the Mainland or overseas does not mean tenants will lose their public housing eligibility, but these properties must be truthfully declared as part of their assets. If the total assets exceed the specified limit, tenants will need to return their public housing units according to the regulations.
To declare assets, tenants need to prepare a qualified property valuation report to prove the value of their property assets. This is not limited to properties in Hong Kong but also includes properties in the Mainland and other countries.
Can valuations be conducted for properties in Mainland China?
In addition to providing property valuations in Hong Kong, Centaline Surveyors, as a wholly-owned subsidiary of Centaline Group, has established close cooperation with Centaline Realty and various subsidiaries under the group. We can conduct valuations for properties in Mainland China. Relying on Centaline Group's extensive business operations and leading market share in Hong Kong and Mainland China, our property valuation analysis is more transparent and comprehensive.
How is the fee for property valuation reports ?
Our property valuation service fees are adjusted based on the type of property, the number of valuation dates required, and the transaction situations of comparable properties. After confirming property information and valuation needs, we will finalize the quote to ensure that the fees for the property valuation report are reasonable and affordable.
