Real Estate Consultancy

Schedule of Condition

A Schedule of Condition is a detailed, factual record of a property's condition, typically prepared for legal or contractual purposes. We offer Schedule of Condition services for both residential and commercial buildings. Ensure your property's condition is accurately documented with our expert assessments, providing you with the necessary documentation for legal and contractual needs.

Service Charge Modelling and Allocation

Also known as a Cost Allocation Study, our Service Charge Allocation services are applicable to all types of properties, even those with multiple uses. We have developed a robust service charge model to ensure accurate and systematic apportionment of charges. Our model complies with RERA requirements, providing transparency and fairness in the allocation of service charges.

Reserve Fund Study

Accurately determining the annual service fees that owners must pay requires a detailed reserve fund study. This study ensures adequate reserves are allocated for the repair and replacement of major components and assets. We recognize the critical role of reserve fund management in the overall health of a building. We work closely with our clients to provide practical guidance for budget planning and maintenance programs.

Reinstatement Cost Assessment

We conduct detailed reinstatement cost assessments to calculate the potential cost of rebuilding a structure. Our assessments provide a 'day one reinstatement' figure, known as the declared value, ensuring you are well-prepared for any eventualities.

Building Completion Audit (Escrow and Non -Escrow)

We specialize in designing comprehensive technical requirements and scoring matrices for building completion audits in collaboration with RERA. Our detailed and thorough reports are highly regarded by developers, property managers, landlords, and owners' committees. Our building completion audit report includes:

• Condition Assessment (Civil, MEP, and Health and Safety)
• Document Review
• Quality Review

Dilapidations

Our lease and tenancy dilapidation services address repairs needed during or at the end of a tenancy or lease. We manage the entire process associated with allegations of lease or tenancy breaches related to property condition or usage. This typically involves preparing a Schedule of Dilapidations, Quantified Demand, and Diminution Valuation.

Building Handover/Transition

Our Owners Association Handover services ensure a seamless transition from the current Owners Association/Committee to the new Owners Committee. We provide comprehensive support, covering all aspects of the building's details, including:

• Physical condition assessment
• Technical documentation (both soft and hard copies)
• Training handover from the current to the new Owners Committee

Our goal is to facilitate a smooth and well-documented management transition, ensuring continuity and clarity for all parties involved