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AREA Shared Valuation Experience.
AREA Press Release No. 469/2017: December 14, 2017

Dr.Sopon Pornchokchai, Ph.D. Dip.FIABCI, MRICS
President, Agency for Real Estate Affairs (AREA)

Dr.Sopon and our AREA valuers and researchers showed the experience in international valuation practices for the valuation profession via our class.

During December 12 to 14, 2017, Dr.Sopon Pornchokchai, President of the Agency for Real Estate Affairs and Director of the Thai Real Estate Business School organized a class, AP140: Fundamentals of the Valuation of Complex Properties.  There are around 20 participants from Cambodia, Kenya, Malaysia, Maldives, Tansania and Thailand to join the class.  The is the exchanges of knowledge and valuation experiences from actual practices.  This class is run at the Thai Real Estate Business School.

This course is designed to introduce the fundamentals of the valuation of various complex properties challenging professional valuers around the world.  Participants will be able to understand different natures and business models of business related to these properties.  Real case studies will briefly be used as examples from actual practices.

Monday, December 11

15:00   Registration
18:00   Welcome dinner

Tuesday, December 12

09:00   Opening session and introduction
09:30   A business hotel: a valuation case study in Brazil
10:30   Morning refreshment
10:45   Beauty: a valuation case of pretties
12:00   Networking lunch
13:00   A public park and opportunity costs: a valuation case study in Nepal
15:00   Afternoon refreshment
15:15   A casino hotel: a valuation case study in Africa
16:15   Discussion
16:30   End of Day 1

Wednesday, December 13

09:00   A toll road: a valuation case study in Bangkok
11:00   A resort: a valuation case study in Vietnam
12:00   Networking lunch
13:00   Agarwood plantation: a valuation case study in Cambodia
15:00   Afternoon refreshment
15:15   A irrigation & electricity generation dam: a valuation case study in Indonesia
16:15   Discussion
16:30   End of Day 2

Thursday, December 14

09:00   A rundown shopping centre: a valuation case study in Laos
10:00   Morning Refreshment
10:15   A gold mine: a valuation case study in Northern Thailand
12:00   Networking lunch
13:00   Green building: a valuation case study in Bangkok
14:45   Afternoon refreshment
15:00   Train stations: a valuation case study in Thailand
16:15   Discussion
16:30   End of the Training & Certificate of Participation
18:00   Farewell dinner
20:00   End of the program.

Our School

Thai Real Estate Business School (TREBS) is a specialized school devoted to the multidisciplinary study of real estate management, valuation, surveying, and property development.  TREBS has its primary objective to enhance the development of efficient management personnel skilled in property valuation and related subjects in the area of real estate in Thailand. TREBS has conducted a number of training courses and seminars such as the well-known four-day training course on property valuation. Factors enabling TREBS to success in conducting these training courses and seminars are the valuation knowledge learn the formal training delivered by the Lincoln Institute of Land Policy and our rich experience from valuation and research in the field over the last 20 years. Since then, to 200 sessions were held with over 5,000 participants. The programs are academically rigorous and intensive, designed for practitioners and well-motivated students.

Our Main Instructor

Sopon Pornchokchai, PhD D.FIABCI MRICS

Dr.Sopon has had experience in real estate research and valuation since 1982. He is an experienced valuer and lecturer on valuation at the undergraduate and graduate levels and in training courses in Thailand and abroad. He was a consultant to the ESCAP, UN-Habitat, World Bank and other international organizations. He is currently the President of FIABCI Thailand, the Thai Appraisal Foundation and the Agency for Real Estate Affairs, IAAO representative to Thailand, the Director of Thai Real Estate Business School, and a member of the Global Valuation Forum of the Appraisal Foundation (USA).  His research master pieces include the roadmap for valuation profession for Ministry of Finance, Vietnam (2006), the consultancy service to Ministry of Finance, Indonesia (2008), World Bank Indonesia (2010), the consultancy service to Ministry of Finance, Cambodia (2012), UN World Cities (2015) and Global Municipal (2017)