Commercial Property Valuation Fundamentals (Kuala Lumpur)

Overview

This course will provide you with the knowledge and understanding of property valuation that is fundamental to providing appropriate valuation advice. Delegates will be provided with guidance on using basic valuation techniques and principles, including rental and capital valuation methods on simple examples. It will also provide an overview of the Red book, International Valuation Standards (IVS), other valuation standards, and the key principles of valuation certainty.

By the end of the course, you will be able to:

• Understand common approaches to valuation and key investment appraisal techniques

• Understand how to apply the appropriate valuation methodology in different contexts 

• Analyse risks using the best approaches

• Interpret clients’ requirements, valuation standards and the professional requirements of valuers

• Assess key market factors influencing value

Who should attend?

• Senior and junior property management executives

• Developers

• Builders

• Mortgage brokers

• Property managers from banks and general insurance companies

• Property administrators

• APC candidates taking on the related pathways (Management Consultancy, Investment and Valuation)

About the trainer:

Prem Kumar, Executive Director, Jones Lang Wootton

Prem has 30 years of extensive experience in providing real estate professional services. He started his career with Jones Lang Wootton in 1987, gaining experience in undertaking valuation of various types of properties including, amongst others, office buildings, hotels, industrial premises, plantations, townships, development land, on-going development projects as well as plant and machinery.

Besides valuations, he also has extensive exposure to the entire spectrum of real estate professional services such as agency, asset/property management and research and consultancy. He became a Proprietary Partner / Executive Director of Jones Lang Wootton in February 1998.

He is a Fellow of the Royal Institution of Chartered Surveyors (RICS) as well as The Royal Institution of Surveyors Malaysia (RISM) besides being a Valuer and Estate Agent registered with the Board of Valuers, Appraisers and Estate Agents, Malaysia.

He is currently the Chairman of the Malaysia Board of the Royal Institution of Chartered Surveyors and was previously a Board Member of the Asia World Regional Board, also of the Royal Institution of Chartered Surveyors.