Frequently asked questions

FAQs

  • Property Valuation for Legal Cases in Thailand | PROSPEC Appraisal

    PROPERTY VALUATION FOR LEGAL CASES

    When “Property”
    Becomes Part of a Legal Case

    Information relating to a property is not only its “value”. It also covers the property data and factors that may be material to the issues under consideration in a case.

    Services are provided in accordance with professional principles, valuation standards and applicable regulations.

    Property information supporting lawyers, law firms and their clients
    MORE THAN VALUE

    It is not only about asking
    “What is this property worth?”

    In a case involving property, value alone may be only part of the information required.

    Acquisition history, possession, use, physical condition and related factors may all support the consideration of the facts of a case.

    A valuer is a law firm’s specialist in “property information”

    Working alongside legal counsel to define an appropriate purpose and scope of valuation, within professional principles and applicable regulations.

    PROPERTY INFORMATION

    Property information beyond the “appraised price”

    A valuation can examine the property information relevant to the purpose and scope of the engagement.

    ฿

    Property Value

    Analysis and assessment of property value as at a defined date and for a defined purpose

    Characteristics and Condition

    Information on the type, characteristics, condition and use of the property

    Market Data

    Analysis of market data and comparable properties, as appropriate to the asset type

    Supporting Documentation

    Review of relevant documents and data within the scope of the engagement, compiled into a background history of the property for use in a case

    Methodology and Criteria

    Applying valuation methods suited to the asset type and the purpose of the engagement

    §

    Structured Reporting

    Presenting data and an opinion of value within the scope and conditions of the engagement

    LEGAL CASES

    Cases That May Involve Property Valuation

    Each valuation is considered according to the facts, purpose and scope of the individual engagement.

    CASE 01

    Inheritance and Estate Cases

    Property value information supporting the consideration and administration of estate assets

    CASE 02

    Business Partnership Disputes

    Valuation of assets connected to a business, according to the purpose of the engagement

    CASE 03

    Construction-Related Cases

    Review of property data, condition of works and related factors

    CASE 04

    Divorce and Matrimonial Property

    Property value information supporting the consideration of assets held by the parties

    CASE 05

    Ownership and Property Disputes

    Information on characteristics, use, condition and value of the property, aligned to the issues in dispute

    CASE 06

    Enforcement and Public Auction

    Property value information supporting seizure, attachment, and the setting or challenging of auction reserve prices

    OUR APPROACH

    We do not start from “price”. We start from “purpose”

    A working approach that keeps the scope of valuation clear and appropriate to the engagement

    01

    Understand the purpose

    Understand the type of engagement and the property issues involved

    02

    Define the scope

    Consider the asset type, the data required and the necessary scope

    03

    Analyse to professional standards

    Inspect, gather and analyse information in line with applicable criteria

    04

    Prepare the report

    Present the data and the opinion of value within the scope of the engagement

    PROFESSIONAL PARTNERSHIP

    Lawyer + Valuer Working together

    Each profession works within its own area of expertise

    LEGAL PROFESSIONAL

    Lawyer

    • Analyses the issues and points of law
    • Considers the facts of the case
    • Conducts the legal process
    • Identifies the issues requiring supporting information
    APPRAISAL PROFESSIONAL

    Valuer

    • Verifies and analyses property information
    • Inspects and assesses the condition of the property
    • Analyses market data and comparable properties
    • Prepares an opinion of value to professional standards
    PROFESSIONAL EXPERTISE

    When a case involves property issues requiring specialist expertise

    PROSPEC has a team of valuers and property specialists with experience across a wide range of asset types, able to define a scope of work suited to the purpose and the property issues of each individual matter.

    Where an engagement involves explaining data or a valuation opinion, this can be carried out within the agreed scope of work and applicable criteria.

    PROFESSIONAL STANDARD

    Independence and professional standards

    Work is carried out under professional principles and applicable regulations

    PROSPEC’s property valuation services place emphasis on independence, impartiality, transparency and professional standards.

    Reports are prepared according to the purpose, scope, assumptions and conditions of the engagement, together with the rules and requirements of the relevant regulatory bodies.

    A valuation report is a professional opinion on property value. It is not legal advice or a legal opinion, and it cannot guarantee the outcome of a case or the decision of a court.

    FAQ

    Frequently Asked Questions

    What is property valuation for legal cases?
    It is the assessment of a property’s value and the preparation of property data or an opinion, according to the purpose and scope of the engagement, for use in matters connected with a case. It is not legal advice or a legal opinion.
    Can a valuer act as an expert witness in court?
    Providing information or an opinion within a court process depends on the facts of each matter and the procedure involved. A valuer’s opinion remains within the boundaries of their expertise and the valuation profession.
    Which types of cases can a property valuation report support?
    These may include inheritance cases, business partnership or shareholder disputes, construction-related cases, divorce cases, ownership and property disputes, and enforcement and public auction work, depending on the facts and purpose of each engagement.
    Can a valuation report replace legal advice?
    No. A valuation report is professional property data and opinion. It is not legal advice or a legal opinion.
    When should a valuer be consulted?
    If a case involves property issues, speaking with a valuer at an early stage helps define the purpose, the scope and the information required for the valuation.

    Does your case involve “property” in Thailand?

    Talk to PROSPEC’s valuation team to define the purpose, scope and valuation approach suited to your matter.

    Discuss a Valuation Approach
    Services depend on the assessment of scope, the suitability of the valuer, and any applicable criteria or requirements. A property valuation is a professional opinion. It is not legal advice, and it cannot guarantee the outcome of a case or the decision of a court.
  • Property Valuation System for Cooperatives | Valstreet

    Valstreet · Property Appraisal Management Platform for Cooperatives

    Property Valuation Management for Cooperatives— Connect with Appraisal Companies and Manage Every Valuation in One Platform

    Valstreet is a property valuation management platform built for cooperatives in Thailand. Submit appraisal requests, review service fees, dispatch surveys, monitor SLA and receive reports in one system — connected directly to the appraisal companies your cooperative chooses to work with.

    Pain Point

    Why manual property appraisal coordination slows cooperatives down

    When cooperative members need a property valuation report, finding an appraisal company, making contact, sending documents and chasing progress by hand creates extra steps and a heavier coordination workload for cooperative staff.

    Manual process
    Coordinating every valuation job by hand

    More steps · More channels · More coordination workload

    • Search for an appraisal company on your own
    • Coordinate across several separate channels
    • Send appraisal documents manually
    • Follow up on job progress manually
    With Valstreet
    One system, from request to report

    Manage every property valuation job centrally and consistently

    • Connect directly with the appraisal companies you choose
    • Fewer coordination steps for your staff
    • Central, structured management of every job
    Workflow

    How the property valuation workflow works, from request to report

    Valstreet supports every key stage of a cooperative’s property appraisal process in five clear steps.

    STEP 01

    Submit the valuation request

    STEP 02

    Review the service fee

    STEP 03

    Dispatch the site survey

    STEP 04

    Track SLA and turnaround

    STEP 05

    Receive the valuation report

    Features

    Core capabilities of the Valstreet appraisal management system

    Everything a cooperative needs to control cost, turnaround time and document security across its property valuation work.

    Review service fees before approving a job

    Your cooperative can set or agree appraisal fee rates with the valuation companies it works with, then review the full fee breakdown of each job before approving it — so appraisal costs stay transparent and predictable.

    Track job progress and SLA performance

    Follow every valuation job from survey dispatch through inspection, report preparation and final delivery. Cooperatives can manage turnaround times and monitor SLA compliance systematically, without chasing updates by phone or chat.

    Deliver valuation reports through a secure system

    Appraisal reports are delivered inside your cooperative’s private workspace, keeping documents organised and easy to retrieve while reducing the need to pass sensitive files across multiple channels.

    Manage job history and share reports across your team

    Authorised staff can review usage history, search past valuation reports and control how appraisal information is shared between the teams involved — keeping records auditable and easy to hand over.

    Why Valstreet

    From scattered coordination to one property valuation management system

    Valstreet lets cooperatives connect, verify, control, track and store property appraisal work from the first request to the final report.

    01

    Connect

    directly with the appraisal companies your cooperative chooses

    02

    Verify

    service fees before any valuation job is approved

    03

    Control

    the appraisal process and SLA standards

    04

    Track

    job status continuously, in real time

    05

    Store

    reports and usage history in one organised place

    FAQ

    Frequently asked questions about Valstreet

    What is Valstreet?

    Valstreet is a property valuation management platform for cooperatives. It gives a cooperative one place to submit appraisal requests, review service fees, dispatch surveys, monitor SLA and receive completed valuation reports.

    Who is Valstreet designed for?

    It is built for cooperatives in Thailand that regularly require property appraisal reports for their members — and for the executives, committees and operations staff responsible for managing those valuation jobs.

    Can we keep working with our existing appraisal companies?

    Yes. Valstreet connects your cooperative directly with the appraisal companies it chooses to work with, so you keep your existing relationships and agreed fee rates while managing the work through one system.

    How does Valstreet help with SLA and turnaround time?

    Every stage of a valuation job is tracked in the system, so your team can see progress at a glance, identify jobs at risk of running late and review SLA performance over time instead of following up case by case.

    Are valuation reports kept secure?

    Reports are delivered and stored inside your cooperative’s private workspace with controlled access, which reduces the need to forward appraisal documents through email or chat applications.

    How do we get started?

    Contact the Valstreet team via LINE to discuss your cooperative’s requirements and arrange a walkthrough of the platform.

    Valstreet

    A structured way for cooperatives to manage property valuation work

    Connect, verify, control and track — all in one system.

    ประเมินราคาทรัพย์สินที่มิใช่แค่เพียงประเมินราคาแต่มีนวัตกรรมให้เลือกมากกว่านั้น นั้นคือช่วยให้กิจการได้มีการจัดระเบียบทรัพย์สินให้เป็นหมวดหมู่ ด้วยบริการรับจัดทำรูปบัญชีทรัพย์สิน หรือ จัดทำบัญชีทรัพย์สิน หรือจัดทำ

    ประเมินราคาเพื่อการบันทึกบัญชีและปรับปรุงบัญชี

    ขอบเขตของทรัพย์สินของกิจการนั้นมีหลากหลายประเภท ซึ่งจะมองทั้งองค์รวมของกิจการก็คือการประเมินราคาของกิจการทั้งหมด หรือ Business Valuation หรือมองไปที่ทรัพย์สินแยกเป็นรายการก็ได้ ดังนั้นการประเมินราคาทรัพย์สินในกิจการจึงขึ้นอยู่กับวัตถุประสงค์การนำไปใช้ และประเภททรัพย์ที่จะทำการประเมิน

    การประเมินราคาเพื่อนำไปประกอบรายงานการปันส่วนราคาซื้อ

    บริการประเมินราคาเครื่องจักรและรับจดทะเบียนเครื่องจักร ที่กรมโรงงานอุตสาหกรรมกระทรวงอุตสาหกรรม และกรมพัฒนาธุรกิจการค้า กระทรวงพาณิชย์ ตามพระราชบัญญัติหลักประกันธุรกิจ 2558 เพื่อการเข้าถึงแหล่งทุนที่รวดเร็ว

    บริการประเมินราคาทรัพย์สินไม่มีตัวตนและทรัพย์สินทางปัญญา

    คำว่าสิทธิการเช่า โดยทั่วไปเราหมายถึง มูลค่าสิทธิ์ของผู้เช่าภายใต้สัญญาเช่า ซึ่งจะแตกต่างจากมูลค่าของผู้ให้เช่า หรือเจ้าของมูลค่าสิทธิการเช่า จะเกิดขึ้น กับ

    ประเมินราคาทรัพย์สิน ตามแต่ละประเภททรัพย์สินมีความแตกต่างกันไปตาม characteristics เป็นลักษณะเฉพาะของแต่ละประเภท พิจารณาตามลักษณะการใช้

    ค่าเช่าตลาด มิได้หมายความจำกัดว่า ค่าเช่าตลาดสด แต่มีความหมายถึง Market Rent โดยรวมของทรัพย์สินทุกประเภทไม่เพียงเฉพาะที่ดิน ที่จะนำออกหารายได้โดยการให้เช่า จึงควรพิจารณาให้อยู่ในหลักเกณฑ์มูลค่าตลาด ซึ่ง

    ระบบราคาประเมินที่ดิน เรามีหลักการราคาประเมินอยู่ 2 ประเภท อย่างเเรกคือ ราคาประเมินราชการเพื่อการเสียภาษี ใช้เพื่อการอ้างอิงการจดทะเบียนนิติกรรมทุกประเภท รับผิดชอบในการประเมินราคา

    ะบบพิเศษที่กล่าวถึงนี้อาจมองไปถึง ระบบพิเศษที่ได้รับการติดตั้งในอาคาร เฉพาะทางเช่นโรงละครที่มีการติดตั้งฉาก แสงสีเสียง อัตโนมัติ ระบบจอดรถยนต์อัตโนมัติอัจฉริยะ ระบบผลิตกระแสไฟฟ้าจากโซล่าเซลล์…

    โดยผู้ประเมินหลักชั้นวุฒิในความเห็นชอบ กลต. เมื่อกิจการภายใต้การดำเนินธุรกิจขององค์กรหรือบริษัท มีมูลค่าของธุรกิจ มากน้อยแตกต่างกันไป ขึ้นอยู่กับผลการดำเนินงาน ที่ผ่านมา หรือ ความแตกต่างในตัว Asset ที่องค์กรนั้นถืออยู่ ซึ่งก็มีมากน้อยไม่เท่ากัน ไม่ว่าจะเป็นทรัพย์สินที่มีตัวตน และไม่มีตัวตน เป็นตัวชี้วัดในมูลค่าของกิจการ

    ถนนสายประเมินราคา นวัตกรรมแห่งการประเมินมูลค่าทรัพย์สิน ให้ผู้ใช้บริการสามารถสอบถามค่าบริการสั่งจ้างตั้งจ๊อบงานด้วยตัวเอง รับเล่มรายงานเป็นไปตามกำหนด

  • General property valuation report

    Table of Contents for Property Valuation Report

    (Applicable for Land and Building Properties)

    The valuation report includes:

    Executive Summary

    Certified and signed by the principal valuer and an authorized company director

    1. Purpose of Valuation

    1.1 Assignment and Engagement Details
    1.2 Objective of the Valuation
    1.3 Date of Inspection and Valuation
    1.4 Description of the Property

    2. Property Location

    2.1 Property Address and Location
    2.2 Accessibility and Transportation
    2.3 Legal Right of Access
    2.4 Surrounding Area and Environmental Conditions

    3. Land Details

    3.1 Land Title Deeds
    3.2 Government Appraised Land Value
    3.3 Land Survey Information
    3.4 Physical Characteristics of the Land
    3.5 Public Utilities and Infrastructure

    4. Building and Improvement Details

    4.1 List of Buildings and Improvements
    4.2 Building Survey Information
    4.3 Building Specifications and Descriptions

    5. Legal Considerations

    5.1 City Planning and Zoning Regulations
    5.2 Building Control Laws
    5.3 Expropriation or Acquisition
    5.4 Encumbrances or Restrictions
    5.5 Other Applicable Legal Issues
    5.6 Government Development Projects (if any)

    6. Property Analysis

    6.1 Strengths and Weaknesses of the Property
    6.2 Highest and Best Use Analysis
    6.3 Comments and Special Observations (if any)

    7. Property Valuation

    7.1 Valuation Principles and Criteria
    7.2 Assumptions and Limiting Conditions
    7.3 Special or Additional Assumptions
    7.4 Valuation Approaches and Methods Applied
    7.5 Final Opinion of Value

    Appendices

    A. Valuation Methodology
    B. General Valuation Principles
    C. General Assumptions and Limiting Conditions
    D. Property Location Map
    E. Land Plot Layout
    F. Property Photographs
    G. Copies of Title Deeds
    H. Building Layout Plans

  • Valuation for Court Use

    When valuations are needed for legal or administrative proceedings, precision and integrity are critical. Our services include:

    • Divorce Cases – Objective valuations for fair property division.

    • Litigation & Civil Disputes (Sue Cases) – Independent assessments for property disputes, claims, and settlements.

    • Other Legal Scenarios – Including inheritance matters, compensation claims, bankruptcy, or partition actions.

    Expert Witness Service
    In cases requiring professional testimony, our expert valuers are available to serve as witnesses in court. Learn more about our established Expert Witness service.

  • Valuation for VISA Application

    If you’re applying for a Thai visa that requires property valuation—such as investment or retirement visas—our expert team delivers detailed, compliant valuation reports to support your application. With global standards at our core, you can be confident your documentation will meet official requirements.

    For more information on the requirements for a long-term visa application, please visit: https://ltr.boi.go.th/

  • Valuation for Share Transactions in a Business

    If you are an investor holding shares in a business in Thailand and the time has come for you to exit that investment program, or if you require a certified valuation report to present your financial position, we are ready to assist. We can provide a business valuation or a partial share valuation based on market value principles, subject to certain limitations and conditions to be agreed upon prior to commencing the engagement.

  • Valuation for Selling of Property

    Planning to sell property in Thailand? Our meticulously prepared appraisal reports reflect current market conditions and global best practices, ensuring you receive a fair and realistic valuation. This supports effective pricing strategy and helps you confidently navigate the market.

  • Valuation Report for Condominium Unit

    Applicable to condominium unit properties.
    The valuation report includes:

    A cover letter summarizing the valuation results
    (Certified by the senior valuer and an authorized company executive)

      1. General details of Valuation
        1.1 Assignor
        1.2 Purpose of valuation
        1.3 Inspection and Valuation Date
        1.4 Subject Property
      2. Location
        2.1 Postal Address
        2.2 Transportation to the property and the right to use the entrance-exit
        2.3 Nature of nearby landmarks and surroundings
        2.4 General Surrounding / EnvironmentDetails of Condominium registration
      3. Details of Condominium registration
        3.1 The verification of document registration
        3.2 Official land assessment
      4. Details of condominium
        4.1 The details of subject condominium
        4.2 The inspection of condominium
        4.3 Details of subject condominium
      5. Laws and regulations
        5.1 Expropriation
        5.2 Deprived right
        5.3 Other regulations
        5.4 Future Project
      6. Analysis of Property Conditions
        6.1 Strengths and weaknesses
        6.2 Highest and Best
        6.3 Valuer’s Opinion
      7. The valuation of Subject Property
        7.1 Valuation Method
        7.2 Limitations  and Constraints
        7.3 Additional Assumptions
        7.4 Value summary
        7.5 Summary of Valuation
      8. Appendices
        A.Detail of Valuation
        B. Valuation Method
        C. Limiting Conditions
        D. Site  Map
        E. Floor Plan
        F. Room Plan
        G. Photographs

         Copy of Land Title Deed (s)

  • Customer List Valuation

    Customer lists or accounts refer to customers, service users and corporate products. Companies that have been operating for a long time would establish a large customer base in their own hands, hence appeal to investors who may want to join the venture as a shortcut to expand the business quickly and less risky. Two reasons for appraising the customer lists are, first, to know the value of the customer’s account in business negotiations before the deal in order to determine the value of the intangible assets of the organization that are likely to have a higher value than the tangible assets. Secondly is for the sake or account recording after the purchase has been completed. The appraisers will group the customers into 3 main groups; frequent customers, non-regular customers, and a group of one-time customers. However, customer segmentation may also be adjusted according to organizational behavior. The 2 methods of appraisal are:

    The cost approach takes the aspect of the cost of putting money into the acquisition of customers that can be classified into groups such as advertising, relationship building in various forms in order to build confidence and trust among customers.

    The income approach looks in terms of generating income for each customer based on sales and the profit rate from customers as each customer differs. The projection is then made regarding  the possibility that the customer will use the service which may be in accordance with the contract or other related factors. This will determine the customer account value from the revenue method.

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