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News & opinion

13 JUN 2022

What’s happening in the Asia Pacific recently?

The newsletter gives a snapshot of local news & developments in the region

The Standards and Regulation Board is delighted to officially welcome four new members from multiple regions worldwide: Carmen Wee from Singapore, Deborah Nicol-Omeruah from Nigeria as independent members of the board, and Dele Oyekanmi FRICS from Saudi Arabia, Dr Diane A Dumashie FRICS as professional members of the board.

The new four members will bring a wealth of experience and enthusiasm and offer a fresh perspective in ensuring an independent, public-interest approach across RICS' standard setting and regulatory processes. Find out more about the new appointment here.

Eric Cheah MRICS Chair of RICS APAC World Regional Board

RICS Update

  • On 26 May RICS and the Trade and Industry Association (Singapore) (TIAS) signed an MOU boosting efforts to share international best practices and drive sustainability in the built environment. The MOU sees both organisations work together to build awareness around the need for businesses to act more sustainably, and also sees TIAS adopt the International Property Measurement Standard (IPMS) and International Cost Measurement Standard (ICMS3). Together these world-first standards provide a toolkit for professionals to measure buildings consistently as well as report on carbon, both of which can positively influence design and construction decisions as part of a project.
  • The RICS Tech Partner Programme provides a collaborative platform for RICS and Tech Partners to produce insightful thought leadership content and foster discussions around the impacts and potential of technology in the industry. Explore the details here.

Upcoming Events

Free Site Tour to Two Taikoo Place Showsuite in Hong Kong

Join us for a free tour (conducted in English) of the Taikoo Place Showsuite – sharing the creative transformation of Taikoo Place and highlighting the Two Taikoo Place brand new development followed by a brief tour of The Refinery and Blueprint. Limited places available on a first come first serve basis, open to RICS members and candidates only.

Register for the event

Free Online Webinar – How does ESG deliver ‘sustainable’ returns on your Property Portfolio

This online webinar on 6th July (conducted in Cantonese) showcases the Hong Kong perspective of ESG as a value driver within property portfolios. This session will look at issues including climate-related risk drivers of concern and sustainability benchmarking for success. This webinar is open to RICS members and candidates only.

Register for the webinar

Free Stay-informed Session Singapore

Join us for a free face-to-face member event to hear about workplace trends in 2022 from a panel of experts. This is also an opportunity to network and meet with other RICS members after a long period of digital-only events.

Register for the event

Free Candidate Support Workshops in APAC

On popular demand, we continue to conduct free workshop sessions to support our APAC candidates (except China) with their final assessment submissions. These sessions range from a drop-in session every Thursday to monthly sessions focusing on how to write your submissions & preparing for your final assessment interview.

Join the sessions

RICS ANZ Commercial Management Conference 2022

The role of a commercial manager, and the commercial management functions performed, play a critical part in the commercial and financial success of a construction project and never more so than now. Join us for this inaugural online ANZ conference on 29 – 30 June to hear from our industry panellists as they dive into the issues that are impacting and being managed by commercial teams as they strive to deliver successful construction project outcomes.

Book your seat today

Highlights in Asia Pacific

Survey data on a mobile phone
chart-mobile-data-survey-pexels-230519-rt

A series of Leaders’ Forums were held across APAC in Southeast Asia, Oceania, China, Hong Kong and India – where senior industry leaders from the Construction and Commercial Property sector gathered for an open dialogue about topics derived from the RICS Q4 2022 Global Construction and Commercial Property Monitor.

RICS London
RICS London

Discover and stay up to date with upcoming events and conferences from our partnering organisations across Asia Pacific by visiting the RICS Global Partner Events

The RICS is delighted with the success of the launch of the first RICS Future of Construction in Hong Kong Conference on 29 April and believes it will be the start of many.  Guest speakers from Arcadis Hong Kong, HKGBC, Savills, Gammon Construction Ltd, Autodesk, CBRE etc. shared their insights and initiatives on ESG, new technology, and carbon reporting. It was thoroughly engaging, and the feedback has been incredibly positive so RICS is excited to develop this new product in the region and believes it will continue to achieve an impactful role for the surveying and construction community. Read more details here.

webinar
webinar

The Future of Built Assets: Digital Twins from Design to Handover of Constructed Assets - Following the launch of Digital Twins from Design to Handover of Constructed Assets jointly published by Glodon Company Limited and World Built Environment Forum – this webinar examines current applications of digital twins in all life cycle phases and how it has the potential to influence the industry in the future. Watch the recording here.

Meet RICS Members in the Region

David Torrens headshot
David Torrens FRICS

David Torrens FRICS

State Director & Head of Valuations and Quality and Risk Management

CBRE, Victoria, Australia

David Torrens has over 30 years’ experience in property finance, the valuation profession and real estate services both in the UK and Australia, across all property sectors and asset classes. He has held a number of senior roles in the property industry. David was qualified as RICS professional member in 1992 and later elected as a Fellow Member in 2012. David has an extensive network of valuers, agents, research firms and key market participants and is actively involved in the property profession on a number of levels including member of RICS Governing Council. His profile in the industry has resulted in influence and respect amongst peers, stakeholders and property professionals worldwide.

Prem Kumar
Prem Kumar Subramaniam FRICS

Prem Kumar Subramaniam FRICS

Managing Director

Tropicana Corporation Berhad

Prem Kumar has been involved in the real estate industry as a consultant for 35 years. His primary area of expertise is property valuation whereby valuation advise provided by him during his professional career exceeds US$500 billion. His other areas of professional expertise include asset management, research and consultancy and marketing. He is currently Chairman of the RICS South East Asia Advisory Board besides senior roles for various other regulatory boards, professional institutions, expert panels and judging panels. He is widely acknowledged as a full-fledged industry expert which has culminated in his recent move to the corporate sector, assuming a senior role for a high profile public listed property development company.