Valuers, not validators, must lead the charge

For generations, Malaysians have been guided by a deeply ingrained belief in the unwavering value of property. It has long been seen as a secure investment and a tangible symbol of success.

However, a troubling trend is now challenging this conviction: the widespread practice of artificially inflating property prices. This phenomenon, which is particularly rampant in the sub-sale market, is creating a disconnect between a property’s advertised price and its true market value.