Title: Property Valuers’ Receptive Level on Knowledge of Computer Aided Valuation (CAV) System
Abstract:Computer Aided Valuation (CAV) is not a common property valuation approach in Malaysia because the concept is advanced and incurred high development cost. This study is intended to study the receptive...Computer Aided Valuation (CAV) is not a common property valuation approach in Malaysia because the concept is advanced and incurred high development cost. This study is intended to study the receptive level of CAV approach amongst property valuers and measure the readiness of the profession to adopt the approach. The findings have revealed that the all of the respondents were at the moderate level of awareness about the system and not ready for implementation. However, they were on the opinion that the CAV would give added value to the organisation and optimist that it is feasible in the future.Read More