Documente Academic
Documente Profesional
Documente Cultură
INSTRUCTIONS TO CANDIDATES
2. Answer two (2) questions from each part. Start each answer on a new page.
3. Do not bring any material into the examination room unless permission is given by the
invigilator.
4. Please check to make sure that this examination pack consists of:
PART A
QUESTION 1
a) "Valuation is the art of estimating value". Explain what you understand by this statement.
(5 marks)
b) With an example, briefly explain TWO (2) principal items in the fire insurance
compensation.
(10 marks)
QUESTION 2
a) Explain in detail the following sections of the Land Acquisition Act 1960 (Act 486).
i) Section 3
ii) Section 4
iii) Section 8
(10 marks)
b) Discuss the factors that should be considered and not to be considered during
compensation process as provided in the First Schedule of the Land Acquisition Act
1960.
(15 marks)
QUESTION 3
a) En. Zaiful Adham and Pn. Mia plan to establish a company at an approximate cost of
RM 350,000 in 8 years' time. Calculate the amount they should invest now to get RM
350,000, assuming that interest rate at 8.75% per annum.
(5 marks)
b) To what amount will RM 888, 888 invested at 6.7% compound interest accumulate in 4
years if the interest is payable monthly.
(5 marks)
c) Pn. Afidah invested RM 3,500 at the end of each year in a bank giving 8.5% compound
interest. To what amount will she accumulate after 25 years?
(5 marks)
d) Advise on the market value of a freehold interest in the following commercial property
investment:
7%
(10 marks)
PARTS
QUESTION 1
The Instructions to tenderers and 'form of tender' is TWO (2) important documents in tender
document, which may influence the pricing of tender.
b) Explain the importance of documents and the significance of the document for a
particular tender.
(15 marks)
QUESTION 2
Describe the various ways that the following arises in a construction contract:
a) Extension of Time
b) Variation Order
c) Determination by Employer
(25 marks)
QUESTION 3
Based on the RAM 1998 Standard Form of Contract or the PWD 203A where appropriate
write short notes on FOUR (4) of the following: