Minimizing Risk in the Valuation of Unregistered Land for Infrastructure Projects

Presenter: Ben Elder and Satoshi Ishihara

Recorded: 5 December 2023

Presenters:
Ben Elder – Chartered Valuation Surveyor and expert in policy development
Satoshi Ishihara – World Bank expert in development projects.

This webinar delved into the complex field of property valuation, focusing specifically on unregistered and customary lands. 

Key Takeaways:
Foundational Knowledge: Participants gained a strong grasp of basic principles and approaches to property valuation, including the definition and limitations of “market value.”
Valuing Intangible Assets: The webinar explored how intangible assets differ in valuation and the unique approaches required for their assessment.
Risk Assessment and Mitigation: Nuances of assessing risk associated with unregistered and customary lands were discussed, alongside practical options for mitigating those risks.
Technology Integration: Participants learned how to leverage technology to create a sentiment index for framing their valuation analysis.
Future Research Opportunities: Avenues for further research and exploration in this field were identified.
The focus of the webinar was on incorporating unregistered and customary lands into market decision-making in a fair and equitable manner. Strategies to enhance equity and fairness in the valuation and compensation of such lands were also addressed.
This webinar concluded with a brief Q&A session.