# SISV to split off valuation and general practice division into an independent professional body

- **Source:** EdgeProp Singapore
- **Published:** 2026-06-29T09:38:21.000Z
- **Author:** Atiqah Mokhtar
- **Original:** https://www.edgeprop.sg/property-news/sisv-split-valuation-and-general-practice-division-independent-professional-body
- **Topics:** Market Updates

## Featured rationale

Greater organisational independence may enable faster professional innovation and broader participation, potentially strengthening valuation practices supporting Singapore property-market decisions.

## AI summary

SISV’s valuation and general practice division will become an independent professional body named SISV RE, subject to regulatory approvals.

## Original article

The valuation and general practice (VGP) division of the Singapore Institute of Surveyors and Valuers (SISV) will be spun off into an independent professional body known as SISV RE.

The split, which follows a resolution passed at an SISV extraordinary general meeting held on June 20, is subject to approvals from the Registry of Societies and the Accounting and Corporate Regulatory Authority.

SISV is the national professional body for surveyors and valuers in Singapore. Currently, the VGP division is one of three divisions under SISV, the other two being land surveying and quantity surveying.

“Independence gives us the agility to innovate, the freedom to be more inclusive, and the platform to elevate the VGP profession to its rightful place in Singapore's evolving economy,” says Dr Lim Lan Yuan, president of the VGP division.

## Chinese translation

> Translation model: grok

### SISV将拆分估价及综合业务部，成立独立专业机构

该部门将以独立专业机构SISV RE运作。

新加坡测量师及估价师学会（SISV）的估价及综合业务（VGP）部门将拆分，成立独立专业机构，名为SISV RE。

拆分依据6月20日SISV特别会员大会通过的决议推进，尚须获社团注册局（Registry of Societies）及会计与企业管制局（ACRA）批准。

SISV是新加坡测量师与估价师的全国性专业机构。目前VGP部门是SISV三大部门之一，另外两个为土地测量与工料测量。

VGP部门主席林兰源博士（Dr Lim Lan Yuan）表示：“独立让我们更敏捷地创新，更包容地发展，并搭建平台，把VGP专业提升到其在新加坡不断演变经济中应有的位置。”