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Valuation Profession in ASEAN
A.B. Agosto, PAREB National Director
Country
Total land
area
Total
population
Gross domestic
productprices
km2
thousand US$ million
2015 2015 2015
Brunei Darus...
ASEAN Countries Valuation Law and Regulation
Country Governing Law Regulator
Brunei Do not have law and regulation on valu...
With ASEAN, real estate opportunities becomes more
wider and sparkling.
 With the 6th economy of the world
 More trade a...
Valuation in asean
Valuation in asean
Valuation in asean
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Valuation in asean

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With ASEAN, real estate industry becomes more booming and sparkling. More people need the services of credible and reliable real-estate valuers.

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Valuation in asean

  1. 1. Valuation Profession in ASEAN A.B. Agosto, PAREB National Director
  2. 2. Country Total land area Total population Gross domestic productprices km2 thousand US$ million 2015 2015 2015 Brunei Darussalam 5,769 417.2 12,909 Cambodia 181,035 15,405.2 18,463 Indonesia 1,913,579 255,461.7 857,603 Lao PDR 236,800 6,902.4 12,639 Malaysia 330,290 30,485.3 294,390 Myanmar 676,577 52,476.0 65,392 Philippines 300,000 101,562.3 289,503 Singapore 719 5,535.0 291,938 Thailand 513,120 68,979.0 395,726 Viet Nam 330,951 91,713.3 193,407 ASEAN 4,488,839 628,937.3 2,431,969 Selected basic ASEAN indicators
  3. 3. ASEAN Countries Valuation Law and Regulation Country Governing Law Regulator Brunei Do not have law and regulation on valuation Cambodia Book of burden Ministry of Economics and Finance Indonesia Regulation of the Minister of Finance Number 125/PMK.01/2008 Finance Profession Supervisory Center, Ministry of Finance Malaysia VALUERS, APPRAISERS AND ESTATE AGENTS ACT 1981 Board of Valuers, Appraisers and Estate Agents Philippines Real Estate Service Act Professional Regulation Commission-PRBRES Singapore Appraiser Act Inland Revenue Authority of Singapore Thailand Do not have law and regulation on valuation Vietnam 10 laws that enacted Price Management Dept. Ministry of Finance
  4. 4. With ASEAN, real estate opportunities becomes more wider and sparkling.  With the 6th economy of the world  More trade and business transactions  More land to be valued (4, 488,839 sq.km.) and people (628,937) to be served They need the services of credible and reliable real-estate valuers.

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