Malaysia: A new application using remote sensing technology has been developed for government property valuation nationwide.
The application will be used to develop a comprehensive database evaluation system based on remote sensing technology and GIS.
It combines geographic information derived from satellite remote sensing data, information and transaction data and property valuation.
In a memorandum of understanding signed by the Valuation and Property Service Department (JPPH) and Malaysian Remote Sensing Agency (ARSM), JPPH director general Datuk Abd Hamid Abu Bakar said the collaboration was done based on the success of a pilot project in the federal territory in accelerating and improving the efficiency and effectiveness of the valuation process.
He said the pilot project was successful and had an impact in accelerating and improving the efficiency and effectiveness in the process of property evaluation.
Abd Hamid said the cooperation between JPPH and ARSM is vital to ensure the department is not left behind when it comes to technology.
He said the transfer of technology is a long-term process for the department to ensure they remain innovative and competitive.
“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,” he said.
The system, Abd Hamid said, will benefit JPHH as it also acts as an advisor to the government in matters related to valuation.
“The system will make it easy for JPPH to implement the on-screen valuation. Apart from that, it will also save time, energy and operations cost , especially for properties that are difficult to access such as rural areas, mangroves, or those without road access,” he said.
Source: The Sun Daily