V

Valuation Report - A valuation report is a report of survey carried out by the bank to ensure that the house's value is not less than the proposed loan. For those who are applying for housing loans from banks, a report by a Real Estate Valuation firm recognized by the banks is needed. Between of RM300 - RM800 is a normal fee for an average apartment valued.

Valuer - 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.