How to become a certified appraiser in Singapore

Are you interested in becoming a certified appraiser in Singapore? If so, there are a few things you need to know before you can start your career in this field.

Firstly, you need to meet the formal requirements set by the government. To become a certified appraiser in Singapore, you need to have a degree in real estate or a related field, such as finance or economics. You also need to have at least two years of relevant work experience in the real estate industry.

Once you have met these requirements, you can apply to become a certified appraiser with the Singapore Institute of Surveyors and Valuers (SISV). The SISV is the professional body that regulates the appraisal industry in Singapore. To become a certified appraiser, you need to pass the SISV's Professional Assessment Examination (PAE).

The PAE is a rigorous exam that tests your knowledge of real estate appraisal principles and practices. It consists of two parts: a written exam and an oral exam. You need to pass both parts of the exam to become a certified appraiser.

In addition to passing the PAE, you also need to comply with the SISV's Code of Professional Conduct and Ethics. This code sets out the standards of professional behavior that certified appraisers are expected to adhere to. Failure to comply with the code can result in disciplinary action, including revocation of your certification.

If you are interested in becoming a certified appraiser in Singapore, you can contact the SISV for more information on the formal requirements and the PAE. With the right qualifications and experience, you can start your career as a certified appraiser and help to shape the real estate industry in Singapore.