# data[].attributes.body
1131122490, 1131121080, 1131122991, 1132702477, 1122702456, 1122700033, 1132700286, 1111113506, 1122701299, 1131121716, 1131121824, 1131121939

Case 1:  Scenario A, Fair Value Market A : 93
Net Fair Value Market B: 94
The entity will maximize net amount in market

Case 2: Value at potential market value (highest and best value) by comparing the current value with the potential market value after redevelopment.

Case 3: The highest and best use of these lots is to develop them as buildings with a parking lot.

# data[].attributes.body
1122700287, 1122702329,1121118789,1121118878, 1131120558,  1131121079, 1122702011, 1122702267, 1122702268, 1123702421, 1121118065, 1131120316, 1122701449

Case Study 1
- Scenario 1 : 93 (Market A) - principal market
-Scenario 2 : 94 (Market B) - advantageous market

Case Study 2
- The highest and best value of the land is determined by comparing the value of the land as currently used (in use) and the value of the land as vacant lot to be used as a leisure park.
As the current use of the land differs from the highest and best use, the fair value of the asset group (land and warehouse) has two components:

(A) value of land
(B) the amount by which the fair value of the assets differs from their value in current use.

Case Study 3
- The highest and best use of the 3 adjacent lots of land is determined by comparing the value of land as currently in used (in use) and the value of land as buildings with parking lots. In this case the highest and best use will be Converted into a building with a parking lot.

A

# data[].attributes.body
1) 1122703166
2) 1122702986
3) 1122703147
4) 1122703104
5) 1122703124
6) 1132702280
7) 1131122960
8) 1122700996
9) 1102703472
10) 1102703302
11) 1122703033
12) 1131122862
13) 1112702219
14) 1102703541
15) 1132700822
16) 1102703424
17) 1131121146

Case 1
Scenario 1: Market A
FV: 99

Scenario 2: Market B as one that maximizes the amount that would be received to sell the asset or minimizes the amount that would be paid to transfer a liability after taking into account transaction cost and transport cost
FV:96

Case 2
- The highest and best use of the land is determined by comparing the value of the land as currently used and the value of the land can be redeveloped as a leisure park.
As the current use of the road differs from the highest and best use, the fair value of the asset group (land and warehouse) has 2 components

a- value of road
b- the amount by which the fair value of the asset differs from their value in their current use

The entity has to measure the current value of the road plus the incremental value from the redevelopment. The warehouse is measure at its current value.

Case 3
The highest and the best use would be pairing the parking lot with a building. In this case the group can be sold for RM20m instead of individual at RM5m each totaling to RM15m.

# data[].attributes.body
1141124045, 1141124046, 1141124966,1141124432,1141124904,1141125219,1132702331,1141125270,1132701085,1141123827,1141124874,1132701912,1141123651,1132701835,1132700548,1132700139,1132702443,1141124317,case study 1:
Scenario 1: 93
Scenario 2: 96

Case study 2:
Based on investment property's current use if the leisure park redevelopment occurred. The highest and best use of the land is determined by comparing the value of the best land as currently used and the value of the land as vacant lot to be used as leisure park.

Case study 3:
The highest and best use of the land is determine by comparing the value of the land. In this case, the highest and best use will be as a group. As the separate value is differs from the highest and best use, the fair value of the asset group has two component
- value of the lot of land
- the amount by which of the fair value of asset differs from their value in their current use
The entity has to measure land at 20million which is the value of separated lots is 15million plus incremental value 5million. The separated value per lot is 5million

# data[].attributes.body
1132702299, 1132700623, 1132701826, 1132700942, 1132700783, 1132701524.

CASE STUDY 1.
Scenario 1 - Market A as it is the principal market
. (99)
Scenario 2 - Market B as it is the most advantageous market.
(94)

CASE STUDY 2.
The highest and best use of the land is by comparing the value of land as in use, for example the leisure park.

CASE STUDY 3.
The highest and best use of the land is determined by comparing the value of the land as currently use (RM 15 M) and value of the land with buildings and parking lot (RM 20 M).
Hence the best use of the land is with the buildings and parking lot valued at RM 20 M.

# data[].attributes.body
1141124767,1121117137,1132702189,1132702167, 1122702166,1122701998,1122700825,1122702274,1122700827,1122702836,1131122954,1131121032

Case1-
Scenario 1 :  93

Scenario 2 :  94

Case2: the highest use of land by comparing the value of land now and the value of the land as a leisure park added the both value.

Case3: for the best use, we will compare the value of land in use with alternate usage of land.

# data[].attributes.body
Group member (ID only): 1134567890,113444444

Case 1
1. xxx
2. xxx
Case 2
XXX
Case 3
XXX

# data[].attributes.body
1. Form a group and name your group.

2. Answer the questions in the case studies.

3. Post it in this link https://padlet.com/LeenShab/FVweek5

4. Present your answers