New property valuation law to boost real estate market—Santos Knight Frank

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Defining the News

The recently-enacted Real Property Valuation and Assessment Reform Act will revitalize the Philippine property sector by increasing transparency and competitiveness, real estate consultancy Santos Knight Frank said.

“PRVARA is a crucial step in raising valuation standards and promoting transparency in the Philippine real estate sector. Global investors value market transparency, and PRVARA will play a vital role in driving increased investment into the country,” said SKF chairman and chief executive Rick Santos in a briefing Tuesday.

The real estate industry is closely watching proposed amendments to the Condominium Act, Santos said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines