PERFORMANCE OF SINGAPORE PUBLIC LISTED PROPERTY COMPANIES

Abstract

Going concern valuation, which is an appraisal of the business as it stands with its existing strength and defects, has often been regarded as the job of an accountant. In fact where physical assets predominate, as in the case of property development and investment firms, the evaluation of the company's worth should be the valuer/estate manager's task instead. The profitability, efficiency, liquidity, solvency and the net asset value of all the eight public-listed property development and investment companies incorporated in Singapore have been analysed and their value (per head) evaluated to indicate which of the eight companies are worth investing in in the light of the local property market now and its trend in the near future.