The ASEAN Valuers Association (AVA) was established in 1981 and, like ASEAN has eight country members, namely Brunei, Cambodia, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. The AVA Congress is held every two years and is seen as a forum to further promote the cooperation and sharing of information, knowledge and experience in valuation among ASEAN country members.
The Guest of Honor was H.E. Mr. Lawrence Wong, Minister for National Development and second Minister for Finance, Republic of Singapore. This year’s congress theme “Valuation – Real Estate And Beyond” emphasized the extension of valuation disciplines to areas such as Business Valuations, Financial Instruments and Intangibles.
The 20th Asean Valuers Association (AVA) Congress was held from September 11-13, 2017 in the Goodwood Park Hotel in Singapore. Ms. Liberty Santiago-Aǹo, Vice President and General Manager represented Cuervo Appraisers Inc. Other Philippine representatives from Local Government units and the Institute of Philippine Real Estate Appraisers (IPREA) also attended.