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News & opinion

3 JUL 2022

Asia Pacific World Regional Board Chair Newsletter July

What’s happening in the Asia Pacific recently? The newsletter gives a snapshot of local news & developments in the region

The RICS Governing Council strongly endorses the Bichard Review report and recommendations and will refocus to ensure we are a truly member-led organisation delivering quality services that enhance member experience.

Placing public interest at the heart of our work, we will maintain professionalism through independent regulation for the public advantage and deliver clarity, accountability and transparency in our governance. This profession is uniquely placed to help tackle the world’s most pressing challenges, so we will lead on issues that matter such as sustainability, climate change and diversity, equity and inclusion.

As we implement these transformative changes, developing the next generation of surveyors and giving them a voice to shape a future focused, inclusive profession will be fundamental to our success.

Eric Cheah - Chair of RICS APAC World Regional Board

RICS Update

  1. The property market is increasingly adopting automated valuation models with speed, cost and the removal of ‘human error’ among the driving factors, but adoption also comes with challenges. Read more here.
  2. RICS and Glodon Company Limited are collaborating on a data and technology-based thought leadership research programme that will be completed by the end of 2022. Please take a moment to participate in the global survey here.

Upcoming Events

Highlights in APAC

  • RICS hosted a successful stay-informed session on 17 June in Hong Kong showcasing local activities, standards, exploring market news and trends and providing a great opportunity for networking. More than 80 members and candidates registered to hear expert speakers sharing their views. Read more about the event here.
  • Over 160 Turner & Townsend APAC staff joined the first region wide RICS Introductory session to learn about RICS and the benefits of membership. We are supporting T&T with their employee training and competence to prepare them for the RICS qualification.
  • This year’s RICS APAC Awards programme is gathering momentum across the region, with China recently announcing its finalists; while Australia, New Zealand, Southeast Asia and Hong Kong are about to reveal shortlisted finalists. The inaugural South Asia Awards are open for nominations until 19 August. Head to our website to learn more about each market.