Valuer is a professional who has been educated and trained to determine the value of fixed property, execute feasibility studies and provide expert advice on property related matters. An independent Valuer can provide impartial and motivated reports on the value of real or limited rights in land.

The Valuer requires a combination of a number of professional qualities and capabilities, and needs a thorough knowledge and understanding of the interacting influences which create, maintain or diminish the value of property or rights therein. The Valuer does not invent value, but interprets market forces, which determine the value. Valuer is a profession closely related to real estate. A Valuer determines the value of property based upon market conditions at a given time.

One of the frequent applications of the Valuer's skill is to determine values for purchase or sale, and for insurance purposes.

Valuers are qualified to undertake valuations in all classes of properties, including commercial and industrial properties; all types of residential properties, agricultural and special use properties. However, most Valuers tend to specialize and do not undertake the full range of valuations. It is therefore vitally important for clients to select and appoint a registered Valuer with the relevant practical experience required to undertake the specific valuation.

While it is essential as professional, the Valuers are governed by The Board of Valuers, Appraisers and Estate Agents under provision of Valuers, Appraisers and Estate Agents Act 1981. Its primary function is to regulate the Valuers, Appraisers and Estate Agents practicing in Malaysia.
 

Malaysia Valuer Directory