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Sunday, October 21 2018 0:12:49

Introduction
APC / ATC
CPD-HKIS
CPD by Others
 
Code : 2018196
Event Name : Application of Computer-assisted Mass Appraisal (CAMA) in the Rating and Valuation Department, Hong Kong
CPD Code : Formal Events
Speaker : Ms Ivy Chan, Senior Valuer (General Revaluation), Rating and Valuation Department
Event Date : 04/12/2018
Event Time : 6:30 pm - 8:00 pm
CPD Hour(s) : 1.5
Divisional PQSL Hour(s) : 1.5
Venue : Surveyors Learning Centre, Room 1207, 12/F, Wing On Centre, 111 Connaught Road Central, Sheung Wan, Hong Kong
Division : GPD
Closing Date : 20/11/2018
Fee : HK$150 for member; HK$200 for non-member (HK$30 walk in surcharge for all pricings listed)
Priority : First-come-first-served
Language : Cantonese (supplement with English)
Details :

The Rating and Valuation Department (RVD) in Hong Kong has introduced computer-assisted mass appraisal (CAMA) techniques in assessing properties to rates since mid-1980s.  Since then, CAMA has been extensively applied to the Department’s work, enabling valuation staff to systematically assess large numbers of properties within a short time-frame and to improve the consistency and quality of valuation work.  This presentation will cover the rating system in Hong Kong and the main applications, methodology and valuation approaches of CAMA in the RVD. Its application is not limited to carrying out general revaluations for rating purposes, but also scrutinising the adequacy of the stated consideration in property sale transactions for stamp duty purposes.