What is the
estimated current market value of the property?
Home buyer asking what is the amount I should ask for this property?
Investor asking what is the amount I should invest for this property?
Banker asking what is the amount I should approve for this loan application?
Auditor asking what is the amount I should record in the Balance Sheet?
Review Property Price Conveniently
WE HELP YOU WITH FRS COMPLIANCE
Initially recorded at cost, properties reported under assets in Balance Sheet must be depreciated in accordance with the accounting and FRS requirements. The recent changes in FRS requires properties revaluation to be conducted to better reflect the true and fair view of the financial book. Our ProxyPrice services aims to provide you with the indicative property price at your fingertips. Our services are offered online, enabling access anytime and with great convenience.
With our ProxyPrice, you can have a basis to re-evaluate the property assets in the accounting book and estimate the current market price. We aim to assist you in making the compliance process simple and easily assessable, leading to a more efficient and cost effective process and enhance the competitiveness of your organization.
COMPREHENSIVE SERVICES FOR YOUR NEEDS
We furnish you with comprehensive property information for your assessment needs. Benefiting from the experience and expertise of our team in the property sector, we are set forth to provide you the reliable and trustworthy platform for assessing Property ProxyPrice and more information via gaining access to the latest property transactions, market data, tools and professional expertise.
Conveniently Assess the Property Value
INFORMATION IS JUST A CLICK AWAY
Establishing the property value in a fast and convenient manner gives you greater operational efficiency in credit assessment process, leading to a higher competitive edge of the Bank. Our ProxyPrice is an indicative price of the subject property for the recent year. The foundation of ProxyPrice is data obtained from property transactional history throughout Malaysia.
Strengthen Your Risk Assessment
INDEPENDENT AND FACTUAL DATA
Establishing the optimal capital allocation for the property mortgage portfolio is always a challenge as it involves determining the market value of the properties which are often a time and cost consuming process. We offer you a convenient and objective solution to assist your assessment of portfolio risk via our ProxyPrice service, leading to a higher competitive edge of the Bank.
Benefiting from the experience and expertise of our team in the property sector, we are set forth to provide you the reliable and trustworthy platform for assessing property portfolio risks via gaining access to the latest property transactions, market data, tools and professional expertise. We aim to support and strengthen your Risk Management processes with an objective and unbiased data source to facilitate your decision making process.
WE HELP YOU WITH BASEL COMPLIANCE
We furnish you with independent and factual property data for bank's portfolio(s) review and assessment that meets Basel requirements, so you can document the property value in a clear and transparent manner. Our property transaction data are sourced from Valuation and Property Services department (JPPH), which is under the purview of Ministry of Finance Malaysia.