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Major Group
3
Technicians and Associate Professionals
Sub-Major Group
33
Business and Administration Associate Professionals
Unit Group
3315
Valuers and Loss Assessors
Minor Unit Group
MASCO Code
3315-05
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Assistant Valuation Officer Grade W5 assists in providing advice to the Federal Government and its agencies on matters related to property valuation, property development, and property management.
Tasks
Carrying out all activities related to the valuation of various types of real property, including obtaining comparables, conducting visits and property inspections, verifying title and planning particulars, researching information and analysing data, preparing building, location, and comparison plans, and other necessary activities, preparing high-quality valuation reports, and reporting valuations within the authority granted.
Conducting visits and detailed inspections of all aspects of the property being valued.
Drawing site plans, building plans, and area calculations, and preparing site and building plans, location plans, and comparison plans.
Reviewing and approving valuation work as required or as directed, such as verifying title information including title number and type, land area, land use type, express conditions, restrictions in interest, annual rent, last sale, and others. Reviewing the location of a property, subdivision plans, layout plans, and applications for change of conditions and approval status.
Examining objections or appeals and reviewing previous valuations.
Analysing data in terms of sale prices, rental values, building construction costs, agricultural property, crop yields, maintenance costs, selling prices, special property, income, expenditure, profit, occupancy rates, current rentals, lease periods, construction costs, tank capacity, and others.
Conducting studies and research work, and continuously updating information.
Skills
Basic
Skills in using computers.
Specific
Broad knowledge and understanding of laws and regulations related to real estate.
Broad knowledge in valuation.
Knowledge and skills in identifying construction materials and modern building technologies.
Skills in valuing specialised properties, plant and machinery.
Additional Info
QUALIFICATION
Diploma or equivalent
Related Courses
MASCO
Hi, I can assist you with questions related to the Malaysia Standard Classification of Occupations (MASCO).
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