5 th WAVO VALUATION CONGRESS

Transcription

1 5 th WAVO VALUATION CONGRESS Meeting the Valuation Needs of a Globalised World November 2010 Concorde Hotel Singapore Host World Association of Valuation Organisations Singapore Institute of Surveyors and Valuers WAVO Secretariat info@wavoglobal.org Website :

2 23 Nov 2010 Workshop* (Optional) Pre Congress Workshop 9:15am to 5:45pm Please use separate Form Programme At-A-Glance (as at 8 November 2010) 24 Nov 2010 (Wed) Day 1 25 Nov 2010 (Thu) Day 2 8:15am-8:45am 9:00am-9:30am Opening Ceremony Guests to be seated by 8:45am 9:30am-10:00am 26 Nov 2010 (Fri) Day 3 8:30am-10:30am Session 4 Valuation Education for Globalised World and Globalised Issues 10:30am-11:00am 10:00am-11:00am Meeting of Valuation Organisations: Discussion on issues Relating to the Valuation Profession 11:00am-12:30pm Session 1 Professional Ethics and International Standards 12:30pm-1:30pm Lunch 1:30pm-3:30pm Session 2 Specialised Valuation 3:30pm-4:00pm 11:00am-12:00nn Panel Discussion on Hotel Valuation, Enbloc Valuation and Valuation of Public Housing : Singapore Perspective 12:00nn-1:00pm Session 5 Business, Plant & Machinery and Asset Valuations Awards Presentation and Closing Ceremony 1:00pm-2:00pm Lunch 2:30pm-5:30pm Technical Visit Delegates to assemble at 2:15pm 4:00pm to 5:30pm 4:00pm-5:30pm Session 3 Statutory Valuations & Valuation Approaches 7:30pm-9:00pm Welcome Reception 7:30pm-10:30pm Farewell Dinner Notes : Papers are presented in English. Plenary and Workshops Open to all delegates *Congress Short Courses The Congress Short Courses are not inclusive in the Congress registration. contact WAVO Secretariat for registration. Please DISCLAIMER: Contents herein are correct at the time of printing. The Organiser reserves the right to make changes to the programme as may be required. The Organiser will not accept liability for damages of any nature sustained by participants and registered partners or loss or damage to their personal property.

3 TENTATIVE PROGRAMME (as at 8 November 2010) Wednesday, 24 November :00pm 5:30pm 7:30pm - 9:00pm Welcome Reception 8:15am Thursday, 25 November :00am-9:30am Opening Ceremony (Guests to be seated by 8:45am) Welcome address by Chairman, WAVO Opening Address by Guest of Honour 9:30am-10:00am 10:00am-11:00am 11:00am-12:30pm Meeting of Valuation Organisations: Discussion on Issues relating to the Valuation Profession Speakers from Appraisal Institute, Property Institute of New Zealand, Appraisal Institute of Canada, National Association of Romanian Valuers and Singapore Institute of Surveyors and Valuers and others Session 1 Professional Ethics and International Standards Professional Ethics and Liability Alan Hyam, Australia Professional Ethics and Liability Leon Cheneval, Vietnam Appraisal Professional Ethics and Professional Credibility - Jianguo Du, China Valuation for Purchase Price Allocation under International Accounting Standard CBRE, HongKong 12:30pm 1:30pm 1:30pm-3:30pm Lunch Break Session 2 Specialised Valuation Corridor Valuation Larry Dybvig, Canada Golf Course Valuation Practice - China Valuation of Subway China Real Estate Evaluation on Quadrangle China Market study : Visible Easement, Hydro Power Transmission Corridor Analysis - Ben Lansink, Canada 3:30pm 4:00pm 4:00pm-5:30pm Session 3 - Statutory Valuations & Valuation Approaches The Research of Application for Land Price Dynamic Monitoring in the Structure of Property Tax Base Assessment System Xishan Gao and Ping Peng, China The Influence of Land Requisition and Removal Policies to the Process of Industralisation in the Context of Economic Globalisation - Yangjun Nie and Haiyi Tan, China Should Economic Obsolescence be an Adjustment Factor in Cost Approach - Yan Shaobing, China Valuing Real Estate in Non-Transparent and/or Emerging Markets Pierre R Welch, USA

4 Friday, 26 November :30am 10:30am Session 4 Valuation Education for Globalised World and Global Issues Education, Training and Test of Profesional Competence (TPC) Mona Isa and Prof Madya Abdul Rahman Mohd Noor, Malaysia Training and Continuing Education and Training for Valuers in Brunei - Hajah Siti Hairaney Haji Shahri, Brunei Real Estate Education: Taking Needs, Trends and Issues into Consideration - Tan Choi Heng, Singapore Strategies for Enhancing Global Recognition of the Industry through WAVO - Ian Campbell, New Zealand Analysis Impact of Global Financial Crisis to Foreign Ownership in Malaysia Real Estate - Mashitoh Halim, Malaysia 10:30am-11:00am 11:00am 12:00nn Panel Discussion on Hotel Valuation, Enbloc Valuation and Valuation of Public Housing : Singapore Perspective 12:00nn 1:00pm Session 5 Business, Plant & Machinery and Asset Valuations The Research of Application for Hotel Business Valuation and Income Approach Real Estate Valuation Xiaohong Chai, China Analysis of Three Elements for Asset Valuation Institution - Xishan Gao, China Modelling for Valuations Winnie Fong, Hong Kong Let s get it right this time Bob Brackett, Canada Awards Presentation & Closing Ceremony 1:00pm 2:00pm 2:30pm 5:30pm Lunch Break Technical Visit (Delegates to assemble at 2:15pm) 7:30pm-10:30pm Farewell Dinner Note : Papers presented in English. DISCLAIMER: Contents herein are correct at the time of printing. The Organiser reserves the right to make changes to the programme as may be required. The Organiser will not accept liability for damages of any nature sustained by participants and registered partners or loss or damage to their personal property.

5 World Association of Valuation Organisations (WAVO) is a body which brings together professional property valuation organisations that represent valuers and related property consultants employed in private practice, business and industry, the public sector, and education, as well as some specialized groups that interface frequently with the profession. Member countries include Singapore, Australia, Canada, China, Dubai, Hong Kong, Italy, India, Korea, New Zealand, Romania, United States, and Vietnam. ********* General Information on Singapore Singapore is an island of 646 sq. km. It is located at one of the crossroads of the world. Singapore's strategic position has helped it grow into a major center for trade, communications, and tourism. Official Name Location Time Zone Population/Language Currencies Climate Visa : Singapore : Southeastern Asia, islands between Malaysia and Indonesia : Standard Time (GMT+8) all year round. Time Zone of Singapore Time: GMT+8 : Singapore s total population was 5.08 million as at end-jun There were 3.77 million residents, of which 3.23 million were Singapore citizens and 0.54 million were permanent residents. : Singapore Dollars : Generally hot and humid all year round, with the temperature almost never dropping below 20 C (68 F), even at night, and usually climbing to 30 C (86 F) during the day. November and December is the rainy season. June-August is considered to be the best time to visit, but even then it rains often. : Visa is required. Please check with the diplomatic mission or consular office for procedure/application.