Institut Penilaian Negara

Background And History

The National Institute of Valuation ( INSPEN ) was established in 1985 under the Department of
Valuation and Property Services, Ministry of Finance, Malaysia. It was officially opened by the
Honourable Tun Daim Zainuddin, Minister of Finance, Malaysia on August 1, 1985.

INSPEN is entrusted with the responsibility of conducting in-service training programmes and
carrying out research in the field of valuation and property management. It is also responsible for the
management of the in-service examination for JPPH .

In addition, INSPEN also conducts courses on valuation and property management courses for
international and local participants under the Malaysian Technical Co-operation Programme (MTCP)
sponsored by the Economic and Planning Unit, Prime Minister's Dept., (EPU).

Organisation Structure

Objective

INSPEN's principal objective is as follows:

To upgrade knowledge, skills and ability of staff of the JPPH and other related
agencies through training, research and publications.

Clients

INSPEN's clients are:

Staff of the JPPH
Local Authorities
Statutory Bodies
State and Federal Government Agencies
Private Valuers / Estate Agents
Financial Institution
Other Related Organisations

Training

Research

INSPEN is entrusted with the responsibility of researching into specific areas of valuation and
property management, the findings of which will benefit the JPPH as well as to the profession as a
whole. INSPEN also organises seminars, workshops and conferences relating to the valuation
profession.

Publication

INSPEN helps to disseminate property related information through its various publications, not only
for the JPPH, but also for the public. Some of these publications are for sale.

Property Market Report

This is an annual publication. It contains detailed information on the property
market in Malaysia for the year preceding. The report is available for sale in
March the following year.

INSPEN Bulletin

Being an in-house publication, it contains news and activities of INSPEN and
also articles related to the real estate industry. This is currently circulated free
to particular client departments.

Estate Land Sales

This is a serial publication . It contains detailed information about the
transactions of estate lands of more than 40 hectares. This is available for sale.

Million Ringgit Property Sales

This is also a serial publication which contains current information on
transactions of property deals exceeding RM1 million. It is available for sale.

Facilities

Resource Centre

Facilities available in INSPEN

Key
A. Administration Block B. Lecture Block C. Hostel Block D. Hostel Block E. Multipurpose Hall F. Dining Hall G. Store Room H. Domestic Office I. Pavilion J. Squash Court K. Director's House	L. Guest House M. Guest House N. Staff Apartments O. Surau P. Football Field Q. Car Parks R. Tennis Court S. Netball Court T. Takraw Court U. Basketball Court V. Guard House