Apartment price drops from $400,000 to $150,000;
valuation distortion leads to disaster
Valuers are not cold-blooded "stampers", they are the guardians of the integrity of the real estate market!
Experts stated that only when valuers are respected, empowered, and equipped with more powerful tools as well systems, can the Malaysian real estate market stand more firmly and go further.
In the Malaysian real estate ecosystem, valuers are regarded as the most critical gatekeepers. They not only influence loan decisions worth millions of ringgit, but also affect the stability of the financial system and the integrity of the market.
However, in a highly competitive market environment that emphasises speed and sales targets, this role is often underestimated or even misunderstood as "just a part of the process."
What are the consequences when valuations lose their integrity? The most typical case occurred in... Read more