Podcast
Questions and Answers
What percentage of the annual value rate should be considered for shops in the basement of a mall?
What percentage of the annual value rate should be considered for shops in the basement of a mall?
- 85%
- 70% (correct)
- 100%
- 80%
For shops on the ground floor or upper ground floor of a mall, what percentage of the annual value rate is considered?
For shops on the ground floor or upper ground floor of a mall, what percentage of the annual value rate is considered?
- 70%
- 85%
- 80%
- 100% (correct)
What percentage of the annual value rate should be considered for shops on the first floor of a mall?
What percentage of the annual value rate should be considered for shops on the first floor of a mall?
- 80%
- 100%
- 70%
- 85% (correct)
If a shop is located on the second floor or higher in a mall, what percentage of the annual value rate is used?
If a shop is located on the second floor or higher in a mall, what percentage of the annual value rate is used?
What is the consideration for determining shop values in a mall if individual rates are not specified?
What is the consideration for determining shop values in a mall if individual rates are not specified?
For shops in the lower ground floor of a mall, what percentage of the annual value rate should be considered?
For shops in the lower ground floor of a mall, what percentage of the annual value rate should be considered?
What type of buildings does the given guidance primarily apply to?
What type of buildings does the given guidance primarily apply to?
According to the guidelines, what factor is MOST important in determining shop value within a mall in the absence of specific pricing?
According to the guidelines, what factor is MOST important in determining shop value within a mall in the absence of specific pricing?
What does 'annual value rate' refer to in the context of these guidelines?
What does 'annual value rate' refer to in the context of these guidelines?
Flashcards
Mall/Store Valuation
Mall/Store Valuation
In malls or department stores, if individual shop values aren't specified, values are determined based on location.
Basement Shop Value
Basement Shop Value
70% of the annual value rate for shops in the relevant valuation zone.
Lower Ground Floor Shop Value
Lower Ground Floor Shop Value
80% of the annual value rate for shops in the relevant valuation zone.
Ground/Upper Ground Floor Shop Value
Ground/Upper Ground Floor Shop Value
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First Floor Shop Value
First Floor Shop Value
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Second Floor and Above Shop Value
Second Floor and Above Shop Value
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Study Notes
- Guidelines for determining the value of shops/premises in enclosed shopping center complexes (malls) / department stores / large store complexes when an individual value section/rate is not specified:
Floor and Value Percentage
- Basement: 70% of the annual value rate for shops in the relevant value zone.
- Lower Ground Floor: 80% of the annual value rate for shops in the relevant value zone.
- Ground Floor / Upper Ground Floor: 100% of the annual value rate for shops in the relevant value zone.
- First Floor: 85% of the annual value rate for shops in the relevant value zone.
- Second Floor and above: 80% of the annual value rate for shops in the relevant value zone.
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