Question: TASK Four ( 1 0 0 Marks with 2 5 % weight of the CW overall mark ) The zoning method is a traditional approach

TASK Four (100 Marks with 25% weight of the CW overall mark)
The zoning method is a traditional approach employed in property valuation. This method is specifically designed for assessing retail premises by measuring, calculating, and comparing their values.
The layout below shows the details of a retail block located in Ghala Industrial Area. This block consists of three units with different dimensions as shown in the layout. Unit #1 has recently been let for OMR 10,000 per annum whereas Unit # 3 has recently been sold for OMR 100,000. You are asked to assess the rent and the sale price on the adjoining units.
Explain the valuation method used and the steps for your calculations.

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