Government officials will NEVER ask you to transfer money or disclose bank log-in details over a phone call.

Call the 24/7 ScamShield Helpline at 1799 or visit the ScamShield website if you are unsure if something is a scam.

Image of career: Valuer

Valuer

Overview

Valuers determine the market value of land or buildings. They then advise clients on how to get the most profit from selling or renting their property.

Description

  • Take measurements of the property's interior and exterior and inspect buildings for damage or structural issues.
  • Propose ways of improving the property to increase its value based on current market conditions and property potential.
  • Compare the value of the property with surrounding properties' values and analyse local market trends to inform estimates.
  • Write a report of all findings, including photographs of the property being evaluated and current market insights.
  • Attend auctions and visit properties for sale whilst engaging with legal documents to ensure compliance with regulations.

Entry requirements

  • You'll need at least a Bachelor's Degree in Real Estate or similar field to get started.
  • You must obtain a licence from Singapore Institute of Surveyors and Valuers or Inland Revenue Authority of Singapore, which requires at least two years of experience working as a real estate agent.

Salary

$3,000 – 4,800

/mo

Salary ranges are estimated based on public information found on Singaporean job portals, including MyCareersFuture, MySkillsFuture. Updated as of 2026.

Trivia

There are several appraisal methods used when valuing properties. One is the market data approach which estimates a property's value based on other properties recently sold in the area. Another is the cost approach used for improved buildings and evaluates their new worth based on construction costs. Valuers must be well-versed in the different methods and know which method to use for different properties.

What to expect

You should master various appraisal methods, such as sales comparison approach and cost approach appraisal, for accurate property evaluations.

Soft
skills

Attention to Detail

Possess accuracy in analysing property features, legal documents, and market data.

Problem-Solving

Ability to navigate valuation challenges, adapting methods to unique situations.

Communication

Able to exchange information well and clearly with clients.

Knowledgeable in Local Property Market

Good understanding of market trends, property laws, and economic factors affecting property values.

Appraisal Methods

Familiar with using valuation techniques for accurate property assessments.

Knowledge of Local Real Estate Industry

Familiarity with real estate regulations, development patterns, and investment climate affecting property values.

Hard
skills

Frequently asked questions

They will first need to be a member of SISV, as part of their firm or individually. They will also need at least two years of experience in the industry. To get a license, IRAS needs a testimonial and appraisal from a licenced professional to prove that they can perform independently. IRAS also requires them to renew their licence annually.

Making connections is crucial as it opens up many opportunities for them. With an extensive network, they may get the chance to attend exclusive listings and get more clients from word of mouth.

The three commonly used valuation methodologies are the discounted cash flow analysis, comparable company analysis and precedent transaction analysis.

Enterprise value is the total value of a company, including the current share price and the cost to pay off the debt, while equity value is the value of a company's ownership after it has paid off all its debts. This is the value that remains for the investors.

Liquidation valuation is a conservative valuation approach preferred during scenarios, such as bankruptcy or restructuring.