Singapore Institute of Surveyors and Valuers

The Institute was established in 1982 when the Singapore Institute of surveyors and the Singapore Institute of Valuers merged. The Institute comprises 3 divisions: the Land Surveyors, the Quantity Surveyors and the Valuation and General Practice.

The Land Surveyors play a crucial role in the proper erection of buildings, especially high-rise construction, and the accurate delineation and identification of vertical and horizontal interests in these buildings.

The Quantity Surveyors are consulted on the economics of cost in the development or redevelopment process.

The Valuers give advice on the values of interests in property upon which all real estate activities are based on. In addition, the Valuation and General Practice also comprise real estate professionals dealing in marketing and agency, management and various forms of consultancy on real estate issues.

Objective

As stated in our Constitution, we aim to:

• secure the advancement and facilitate the acquisition of that knowledge which constitutes the professions of Land Surveying, Quantity Surveying and Valuation and General Practice;

• promote the general interests of the profession and to maintain and improve its usefulness for the benefit of the public;

• regulate and improve the standards of professional conduct and practice of its members.

History of SISV

The singapore Institute of Surveyors and Valuers (SISV) was formed on 1st April 1982 following a merger between the Singapore Institute of Surveyors (SIS) and the Singapore Institute of Valuers (SIV). This merger was the culmination of seven years efforts by both the surveying and valuing professions to form a single body to further their common interests.

Singapore Institute of Surveyors (SIS)

The SIS's history dated as far back to 1937 when then first professional institution for the Land Surveyors, Quantity Surveyors and Valuers was established in Singapore. That was the Malaya Branch of the Royal Institution of Chartered Surveyors (RICS). In 1957, Malaya become independent from Great Britain. For political and geographical reasons, the local branch sub-divided into the 'Singapore branch' and the 'Malaya Branch'. With encouragement and cooperation from the RICS, the Singapore Branch was phased out. The Singapore institute of Surveyors came into being on 23 July 1968.

Singapore Institute of Valuers (SIV)

The SIV can trace its origin back to 18 January 1963 when then Real Estate Valuers Association (Singapore) [REVA(S)] was formed as a result of discussions by a group of members of the Chartered Auctioneers and Estate Agents institute of the United Kingdom to have a local association of Valuers, Auctioneers and Estate Agents. In 1977, the REVA(S) decided to amend its Constitution and ByeLaws and changed its name to the Singapore Institute of Valuers (SIV). The REVA(S) formally become SIV on 22 September 1977.