PROFESSIONAL CERTIFICATE IN REAL ESTATE VALUATION (PCREV)
Building Singapore's next generation of professional valuers. A practice-oriented, locally relevant certification pathway aligned with Singapore's regulatory environment.
Taught by senior valuers and other professionals with active market practice
Modular & Flexible
Stackable modules suited for working professionals
Regulatory Aligned
Mapped to Singapore's valuation laws and standards
Affordable
Lower cost than overseas accreditation routes
Target Audience
Who Should Enrol?
Professional Certificate in Real Estate Valuation (PCREV) is designed for five distinct learner segments, from fresh graduates to mid-career professionals seeking to enter or advance in the valuation profession.
University Graduates
NUS BBA (Real Estate), SMU BSc (Econ with Real Estate Track) & SMU BBM (Finance with Real Estate Track) graduates.
Polytechnic Diploma Holders
Real Estate Business diploma holders working as Valuation Officers or Assistants seeking an upgrading pathway to become licensed valuers.
Non-Accredited Real Estate Degree Holders
Real Estate degree holders from non-accredited institutions with practical valuation experience seeking to become licensed valuers.
Non-Real Estate Graduates in Real Estate
Graduates from other disciplines currently practising in the real estate sector wishing to formalise their valuation expertise.
Mid-Career Professionals
Professionals from adjacent industries seeking a structured career transition into valuation practice.
Career Outcomes
From Training to Professional Practice
Applicant
PCREV Modules
Capstone Project
SISV Membership
Professional Practice
Enhanced Employability
Gain recognised professional competencies that improve your promotion prospects and job mobility in the real estate sector.
Appraiser's Licence Pathway
PCREV forms a key step toward SISV professional membership and eventual qualification for Singapore's appraiser's licence.
Career Mobility
Opportunities across valuation, development, investment and consultancy roles, supported by a strong practitioner network.
A nationally recognised, practice-oriented certification pathway developed by the Singapore Institute of Surveyors and Valuers (SISV) under the Valuation & General Practice (VGP) Division.
HomeAbout
1982
SISV Established
VGP
Division Oversight
SG
Nationally Recognised
Programme Objective
Building Singapore's Valuation Workforce
The Professional Certificate in Real Estate Valuation (PCREV) was established to address Singapore's declining valuation manpower pipeline. By creating a recognised professional certification pathway, SISV aims to bridge the critical gap between academic learning and professional practice in the real estate valuation sector.
The programme delivers applied, practitioner-led education that is aligned with professional valuation standards and Singapore's regulatory environment — complementing existing academic routes while offering a more affordable, locally relevant alternative to overseas accreditation.
Mission
Establish a recognised professional certification pathway for aspiring and practising valuers in Singapore.
Vision
Strengthen SISV's role as the national professional education leader in valuation training.
Value Proposition
PCREV bridges the critical gap between academic learning and practice:
Practitioner-led instruction
Modular and flexible structure
Regulatory alignment with Singapore’s valuation framework
Industry credibility under SISV governance
Affordable compared to overseas accreditation routes
Evening & weekend scheduling for working professionals
Blended learning: in-person and online options
Our Institution
About SISV & VGP Division
The Singapore Institute of Surveyors and Valuers (SISV) is Singapore's premier professional body for surveyors and valuers, established in 1982 when the Singapore Institute of Surveyors and the Singapore Institute of Valuers merged.
The Valuation & General Practice (VGP) Division oversees professional standards and education for the valuation profession, and PCREV is the division's flagship training programme for aspiring and practising property valuers.
Senior industry leaders ensuring professional relevance
Academic Programme
Course Structure & Delivery
PCREV comprises 6 core modules including a professional capstone project, delivered over 18 months in a modular, flexible format designed for working professionals.
HomeAcademic Programme
6
Core Modules
18
Months Duration
8×3h
Sessions per Module
Q4
Next Intake
Programme Structure
6 Core Modules
Modular, stackable structure. Each module delivered quarterly either in person or online or a combination of both learning modes. Evening and weekend scheduling to support working professionals. Combination of lectures, tutorials, site visits and applied case studies
6
Modules
12 weeks
Module (Except Capstone)
3hrs
Per Class
Q4
Intake Cycles
Module Sequence
Q1
Quarter 1
Principles of Valuation & Appraisal of Specialised Properties
Q2
Quarter 2
Land Law
Q3
Quarter 3
Urban Planning & Sustainability
Q4
Quarter 4
Real Estate Finance & Investment
Q5
Quarter 5
Statutory Valuation & Professional Competencies
Q6
Quarter 6
Capstone: Integrated Applied Valuation Project
1
Principles of Valuation & Appraisal of Specialised Properties
Core
Covers core valuation competencies:
Direct comparison, income and cost approaches
Residual and profits method
Cash flow modelling
En bloc sales valuation
Case studies on specialised properties valuation
Valuation Practice
2
Land Law
Core
Professional legal foundations
Land ownership and interests
Leases, mortgages and easements
Co-ownership structures
Land Titles Act and property registration
Residential Property Act
Succession and trust law
3
Urban Planning & Sustainability
Core
Singapore planning framework mastery:
Master Plan and Long-Term Plan
URA, HDB, LTA institutional roles
Land-use zoning and development control
Green building policies
ESG and sustainability standards
Singapore Green Plan alignment
4
Real Estate Finance & Investment
Core
Investment and feasibility analysis:
Financing structures
Project finance and development funding
Investment analysis & cash flow models
REITs and property funds
Risk management strategies
5
Statutory Valuation & Professional Competencies
Core
Regulatory valuation competencies:
Property tax assessments
Stamp duty and GST
Land betterment charge
Land acquisition compensation
Professional ethics
Technology in valuation (AVMs, GIS, AI tools)
Expert witness practices
★
Capstone Project
Capstone
Students complete a supervised applied valuation project involving:
Supervised applied valuation project
Complex property valuation
Portfolio analysis
Professional reporting standards
Real-world valuation simulations
Faculty
Taught by Industry Practitioners
PCREV instructors are senior valuation practitioners and industry specialists, bringing real-world market insights into every session.
Extensive professional experience
Decades of active valuation practice across Singapore's property market
Active market practice exposure
Active practitioners with current knowledge of Singapore's real estate landscape
Regulatory and institutional expertise
Deep knowledge of Singapore's regulatory and institutional valuation framework
Applied teaching approach
Case-study and simulation-based instruction that bridges theory to practice
Delivery
Study Format
Quarterly Modules
Modular, stackable structure.
Blended Learning
In-person or online, or a combination of both.
8 Sessions × 3 Hours (Except Capstone)
Evening and weekend scheduling to accommodate working professionals.
Site Visits & Case Studies
Lectures, tutorials, site visits and applied case studies.
Assessment
Assessment Methods
Assessment is professionally aligned and practice-focused:
Individual Work
Reports and applied exercises
Group Projects
Collaborative case-based assignments
Quizzes & in-Class Tests
In-class formative assessments
Participation
Tutorials and applied exercises
Final Examination
Selected modules only
Capstone Project
Supervised applied valuation project
Admissions
Entry Requirements & Exemptions
PCREV welcomes applicants from diverse academic and professional backgrounds. Module exemptions may be granted based on prior learning and experience.
HomeAdmissions
5
Learner Segments
Q4
Quarterly Intake
SGD 9k
Total Est. Fees
Target Audience
Eligibility & Entry
PCREV is open to candidates from various academic backgrounds. The key requirement is a genuine interest in professional valuation practice, supported by relevant academic qualifications or work experience.
University Real Estate Graduates
NUS BBA (Real Estate), SMU BSc (Econ with Real Estate Track) & SMU BBM (Finance with Real Estate Track) graduates requiring bridging professional competencies.
Polytechnic Diploma Holders
Real Estate Business working as Valuation Officers or Valuation Assistants and seeking an upgrading pathway to become licensed valuers.
Real Estate Degree from Non-Accredited Institutions
Holders of Real Estate degrees from non-SISV-accredited institutions with practical valuation experience seeking to become licensed valuers.
Non-Real Estate Graduates
Graduates from non-real estate disciplines who are currently practising in the real estate sector and wish to formalise professional credentials.
Mid-Career Professionals
Professionals from adjacent industries (finance, law, construction, property management) seeking a structured career transition into valuation practice.
Estimated Course Fees
Per Module (indicative)SGD $1,200–$1,500
Modules 1–5 (5 modules)~SGD $6,000–$7,500
Capstone Project~SGD $1,200–$1,500
TotalSGD $7,200–$9,000
SkillsFuture and institutional funding support will be explored subject to eligibility
Programme Duration
Typical completion: 12–18 months
Flexible pacing: 1–2 modules per semester, subject to availability of instructors.
Capstoneproject integrates cross-module learning
Enquiries
SISV Academy 110 Middle Road #09-00 Chiat Hong Building Singapore 188968
Applications are accepted on a quarterly basis. Choose your preferred intake and complete your registration through the SISV registration portal.
HomeApply Now
4
Easy Steps
Q4
2026 Next Intake
Eve&Wknd
Class Schedule
How to Apply
Application Process
1
Complete & Submit Your Application
Complete the PCREV application form and submit all required supporting documents to SISV Academy. No payment is required at this stage.
2
Academic Board Review & Module Exemptions
Your application will be reviewed by the Academic Board, which will assess your qualifications and experience and determine, at its discretion, whether you are eligible for exemptions from any modules.
3
Receive Academic Board's Decision & Make Payment
SISV Academy will inform you of the Academic Board's decision, including any approved module exemptions. You will then be advised of the applicable programme fees and requested to make payment accordingly.
Confirmation & Onboarding
Upon receipt of payment, SISV Academy will confirm your enrolment and provide the relevant onboarding information including class schedules.
Register for PCREV
You will be redirected to the SISV registration portal to complete your enrolment.
The Academic Board provides strategic oversight of the PCREV curriculum, ensuring it remains rigorous, relevant, and aligned with industry needs and Singapore's regulatory environment.
The Examination Board upholds the integrity and standards of PCREV assessments, ensuring that examinations reflect professional competency requirements and industry benchmarks.
Taught by senior valuers, lawyers and other industry professionals with active market practice, ensuring that teaching reflects professional competency requirements and real-world industry benchmarks.
Click on any trainer card to view their full professional profile.
CSH
View Profile
Mr Chng Shih Hian
Senior Executive Director, Newman SRE
Module: Principles of Valuation and Appraisal of Specialised Properties
ValuationExpert WitnessLand Acquisition
KHL
View Profile
Ms Kwang Heng Lee
Director, PREMAS Valuers & Property Consultants
Module: Statutory Valuation & Professional Competencies
ValuationProperty TaxLand Acquisition
More trainers will be announced as the programme progresses. All trainers hold relevant professional qualifications and active practice credentials.
CSH
PCREV Faculty · Valuation
Mr Chng Shih Hian
Senior Executive Director, Newman SRE
Module: Principles of Valuation and Appraisal of Specialised Properties
Professional Profile
Shih Hian is a practising licensed valuer with over 30 years' experience across different markets and purposes in Singapore. He has carried out appraisals in South-East Asia, Middle East, and parts of Africa, and has advised in areas regarding government land acquisition, taxation, and investment. He has also served as an expert witness in court of law on valuation matters.
Currently a member of the panel of assessors to the Appeals Board (Land Acquisition), he also served in various committees in the Council of Estate Agencies from 2010 to 2016, and lectured part time in the NUS Department of Real Estate.
Module: Statutory Valuation & Professional Competencies
Professional Profile
Ms Kwang Heng Lee is a Director at PREMAS Valuers & Property Consultants Pte Ltd, a licensed valuer with extensive experience spanning both the public and private sectors across Singapore and New Zealand.
She graduated with a Bachelor of Property Administration from the University of Auckland, New Zealand, and obtained her MBA from the University of Warwick, United Kingdom. She began her career in the New Zealand Valuation Department before joining the Inland Revenue Authority of Singapore (IRAS), where she gained significant exposure to statutory and property tax valuation. She subsequently moved to the private sector, where she broadened her expertise to include specialised property valuations, land acquisition valuations and property tax consultancy work.
Ms Kwang also served as an adjunct lecturer at the National University of Singapore for six years, demonstrating her commitment to advancing professional education in the valuation field.
Academic Qualifications
BPA — University of Auckland, NZMBA — University of Warwick, UK
