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Homework answers / question archive / ou are given instruction by the client to determine a freehold golf and country resort located in prime suburb of Petaling Jaya
ou are given instruction by the client to determine a freehold golf and country resort located in prime suburb of Petaling Jaya. The clubhouse is equipped with facilities such as function rooms, grand ballroom, shopping outlets and sports amenities namely a resort-style larger-than-Olympic-sized swimming pool, 2 play pools, 4 indoor badminton courts & a VIP badminton hall, 12-Lane computerized bowling alley (Brunswick Vector Scoring System), 2 indoor & 4 outdoor tennis courts, 3 squash courts, a futsal outdoor court, aerobics studio, gymnasium, Japanese bath, jacuzzi, sauna, steam bath and many more. The three (3) years statement accounts are as follows:
An analysis of the rate of return for leisure properties is 10% per annum. Using suitable method of valuation and with appropriate assumptions. |
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