Client Profile
The client is a government corporation formed in 1968, providing industrial real estate solutions and services. It plays the role of a lead agency in Singapore to plan, promote and develop a dynamic industrial landscape in support of the nation’s advancement.
Client Requirements
The client required an application to facilitate end users to access online indicative valuation of various types of real estate. It was also required to facilitate the impairment valuation of all clients' assets and implement the workflow to review, fine tune and approve the valuation results.
Solution Overview
The Automated Valuation Model (AVM) is a web-based system designed to do the valuation of various types of real estate in Singapore using both textual and graphical data.
- User friendly & intuitive screens implementing rotating dashboard concepts
- Integration with core systems to implement complex valuation logics including the corporation’s finance system, GIS system and property management system
- Extensive use of GIS technologies to value assets based on geographical parameters ranging from factories to vacant lands to flats
- Incorporation of impairment workflow starting from finance to endorsers to valuers until the valuation results are uploaded to SAP financial system
- Flexibility in terms of graphical and textual based selection of assets
- Inbuilt workflow to cater to the impairment valuation
- Security based value adjustments
Technology
- .NET 1.1 Framework with ASP.NET and VB.NET
- SAP .Net connector
- SQL Server 2000 Database
