Page 11 - 16th NAPREC 2021

th
16 NAPREC Conference 2021 / INSPEN

Preface

Dear Participants,

The National Institute of Valuation (INSPEN) has been the coordinator of National
Real Estate Research or better known as NAPREC for 15 years now. In this
capacity, INSPEN, the training, education and research arm of the Valuation and
Property Services Department (JPPH), Ministry of Finance Malaysia (MOF) has
been charged with the responsibility to coordinate the disbursement of research
grants under The National Development Plan.

16 NAPREC Conference provide a platform mainly for recipients of the grant to
th
present their research findings to the stakeholders and the key players of the real
estate industry. The total completed NAPREC research from 8 Malaysia Plan to
th
th
11 Malaysia Plan was 134 projects.

NAPREC would like to thank: -

- The Paper Presenters;
- Ministry of Finance Malaysia (MOF);
- Economic Planning Unit, Prime Ministers Department (EPU);
- Members of NAPREC Panel of Experts;
- Members of NAPREC Steering Committee;
- Research Management Centre University (RMC); and

all organisation, agencies and individuals for their tireless efforts and contribution,
in one way or another in the management and disbursement of the grant and to
the success of this conference.

Secretariat
16 NAPREC Conference
th

Executive Summary: Paper 1
ix