Act to recognise building surveyors

THE sheer scale of the property stock in Malaysia is staggering. According to the Valuation and Property Services Department, the property stock in 2023 exceeded 7.5 million units, encompassing various categories such as 6.2 million units of residential properties, 564,800 units of shops, 370,010 units of serviced apartments, and numerous other types of properties including shopping centres, arcades, hypermarkets, office buildings, industrial properties and hotel rooms.

With such a vast array of properties present, the demand for building maintenance and management service should be rising.