Friday, October 17, 2008

Property Valuation

Mortgage and More Blog

In Indonesia, we are not familiar with mortgage, especially in real estate and property field. But there's something we can talk about real estate and property, that is VALUATION.

Actually i was graduated from Architecture and now i'm currently working as a facility management for an international bank here in Jakarta, but one day a head hunter website sent me a job opportunity to be a valuation officer in a Malaysian Company.

Since i have no experience about valuation, so i start searching about these. And what i found is, a property valuer (someone who is doing valuation) is someone who give an appraisal for a property, Valuing real estate calls for precision and knowledge. Proper interpretation of available data, someone who had a formal training and qualifications before.

Suddenly i feel so interested with this profession, then i start searching about this profession. Then i know that in Indonesia there is an association for them, it's call MAPPI (Massyarakat Profesi Penilai Indonesia) and in North East Asia there AVA (Asean Valuer Association).

There also a formal education for them, it's a Master Degree at Indonesia University in cooperation with MAPPI.

Since i have a plan to move to Kuala Lumpur next year so i search a formal education about valuation in Malaysia, then i know that there's a Real Estate Master Degree which learn about Valuation and anything about property in University of Malaya.

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