Vancouver Commercial Real Estate Podcast

Providing real-time insight into today's commercial real estate industry.

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November 5, 2025
VCREP #176: Appraising 2025: Market Insights with Ryan Wong & Tony Liu

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This week, Cory sits down with Ryan Wong and Tony Liu, co-founders of Wong & Liu Valuation Group, to unpack the realities of BC’s commercial real estate market heading into 2026.

From cooling industrial and development land values to the surprising strength of retail and multifamily assets, Ryan and Tony offer a data-driven look at what’s really happening on the ground. They also share how property owners can benefit from appraisals beyond purchases and sales, including tax planning, estate evaluations, and BC Assessment appeals.

Tune in for sharp insights from two of the city’s leading appraisers and hear their honest takes on what 2026 might bring for investors, developers, and landlords alike.

Guest Information

Ryan Wong is a Commercial Real Estate Valuation Professional and the Principal of Wong & Liu Valuation Group. With over 26 years of professional experience in real estate valuation and consulting, Ryan specializes in multi-family, retail, office, industrial and development properties. Ryan is recognized as a top producer in Vancouver’s valuation landscape, with direct involvement in the origination, preparation, and review of over 300 appraisal reports and consulting assignments each year. His responsibilities have included originating new business, cultivating and managing client relationships, and mentoring junior staff to support professional growth and consistent delivery of high-quality work.

Tony Liu is a Commercial Real Estate Valuation Professional and the Principal of Wong & Liu Valuation Group. Tony has over a decade of experience in commercial real estate appraisal and property assessment appeals, with extensive expertise across all major asset classes including development land, retail, office, industrial, and multi-family strata and rental properties. He has developed particular specialization in the valuation of development land and master planned communities.

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Vancouver Commercial Real Estate Podcast

For all the curious minds interested in commercial real estate investing, grab a coffee and pull up a chair because we have exclusive stories and tips from commercial real estate brokers, investors, developers, economists, urban planners, and everyone in-between. From the successes and failures to the motivations and lessons learned, the Vancouver Commercial Real Estate Podcast is your insight into commercial real estate in Vancouver, Victoria, Kelowna, and beyond.

What's the best real estate market to invest in? What are the commercial real estate asset classes and property types? Hosted by Cory Wright, founder of William Wright Commercial, and co-hosts Adam and Matt Scalena of the Vancouver Real Estate Podcast, our podcast opens the door to real estate investing for everyone from beginner investors to experienced real estate professionals. New episodes are released every Tuesday. Follow the Vancouver Commercial Real Estate Podcast on Apple Podcasts, Spotify, YouTube Music, or your favourite streaming platforms.

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.