By Farah Wahida:
The government’s Valuation Information System is set to be upgraded using remote sensing technology and geographical information system (GIS), reported The Sun Daily.
Notably, the technology will be used to create a comprehensive database of property valuations across Malaysia by combining transaction data and property valuation, along with geographic data obtained from satellite remote sensing.
Along this line, the Valuation and Property Service Department (JPPH) has inked a memorandum of understanding with the Malaysian Remote Sensing Agency (ARSM) yesterday.
According to JPPH Director-General Datuk Abd Hamid Abu Bakar, the collaboration follows the success of a pilot project in Putrajaya to improve the valuation process.
“The present Valuation Information System has been used since 1997 but we have to upgrade to be competitive. Thus there is a need for JPPH to come up with an innovative and cutting-edge system to speed up our delivery system.”
Abd Hamid explained that the cooperation between ARSM and JPPH ensures that the department will not be left behind. However, the technology transfer is a long-term process for the department.
Nonetheless, “the system will make it easy for JPPH to implement on screen valuation,” he noted, adding that it will also save time and reduce operation costs, especially for properties that are difficult to access such as those located in rural areas.
The government’s Valuation Information System is set to be upgraded using remote sensing technology and geographical information system (GIS), reported The Sun Daily.
Notably, the technology will be used to create a comprehensive database of property valuations across Malaysia by combining transaction data and property valuation, along with geographic data obtained from satellite remote sensing.
Along this line, the Valuation and Property Service Department (JPPH) has inked a memorandum of understanding with the Malaysian Remote Sensing Agency (ARSM) yesterday.
According to JPPH Director-General Datuk Abd Hamid Abu Bakar, the collaboration follows the success of a pilot project in Putrajaya to improve the valuation process.
“The present Valuation Information System has been used since 1997 but we have to upgrade to be competitive. Thus there is a need for JPPH to come up with an innovative and cutting-edge system to speed up our delivery system.”
Abd Hamid explained that the cooperation between ARSM and JPPH ensures that the department will not be left behind. However, the technology transfer is a long-term process for the department.
Nonetheless, “the system will make it easy for JPPH to implement on screen valuation,” he noted, adding that it will also save time and reduce operation costs, especially for properties that are difficult to access such as those located in rural areas.
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