Who is BOVAEA or LPPEH?

BOVAEA or Board of Valuers, Appraisers and Estate Agents is the government body that governs and oversees the valuers and estate agency activities in Malaysia.

It was setup in 1981 under the purview of Ministry of Finance, Malaysia and governed by the provision of Valuers, Appraisers and Estate Agent Act 1981.

LPPEH or Lembaga Penilai, Pentaksir dan Ejen Harta Tanah Malaysia is the Bahasa Malaysia equivalent of BOVAEA.

In Malaysia, the key functions of BOVAEA include:

• To keep and maintain the Register of Valuers, Appraisers and Estate Agents, Probationary Valuers and Probationary Estate Agents and firms of Valuers, Appraisers and Estate Agents
• To hold disciplinary proceedings
• To conduct examinations
• To prescribe the Scale of Fees
• To regulate the professional Conduct/Ethics of Valuers, Appraisers and Estate Agents