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For real estate and legal professionals

A person who appraises land and building must apply for an appraiser's licence. All appraiser's licence will expire on 31 Dec of each calendar year i.e. if the applicant obtains his licence on 2 Jan 2013, the licence will expire on 31 Dec 2013.

New Applicants

Who can register

The applicant must fulfil the following conditions:

  • An individual who holds a degree in Real Estate from NUS or equivalent
  • An individual who holds one of these two classes of Singapore Institute of Surveyors and Valuers (SISV) membership: Fellow and Member.
  • With effect from 1 Jan 2014, an applicant with Probationer membership is not eligible for this application.

     See application details for SISV membership.   

How to register

  1. Download the form Appraiser's Licence (Lands and Buildings)  (115KB) 
  2. Submit the form with the supporting documents (as stated in the form) to:
    The Comptroller of Property Tax
    Appraiser Licensing Unit
    Inland Revenue Authority of Singapore
    55 Newton Road
    Singapore 307987

What happens if there is a change of employer

The appraiser's licence is issued to the appraiser acting on behalf of the employer. If there has been a change in the appraiser's employer, the following documents have to be submitted:

  • Letter from the present company to state the effective date which the appraiser will be acting on behalf of the company
  • Original Appraiser's Licence has to be returned

An administrative fee of $20 payable by cheque is to be made payable to the Comptroller of Property Tax.

 

Renewal of Appraiser's Licence

When do I renew the Appraiser's licence

All licences have to be renewed annually at least 10 days before the expiry of the licence on 31 Dec of each calendar year. In short, the last day to renew your licence is 21 Dec. If your licence has expired after 31 Dec, you would have to re-apply for a new licence.

*Existing licence holders with SISV's Probationer Membership can continue to renew their Appraiser Licence.

How to renew

  1. Download the form Appraiser's Licence (Lands and Buildings) Renewal     (201KB)  
  2. Submit the form with the relevant supporting documents (as stated in the form) to:
    The Comptroller of Property Tax
    Appraiser Licensing Unit
    Inland Revenue Authority of Singapore
    55 Newton Road, Singapore 307987

How much do I need to pay for the licence

Licence fee of $125 is to be made payable to the Comptroller of Property Tax when you are informed that your application is successful.

Can I pay by GIRO

No, GIRO payment is not available as an application for renewal requires the submission of supporting documents.

How long does it take to process my application

It takes four weeks to process an application.

How to search for Licensed Appraiser

This search facility provides a listing of licensed appraisers.

  1. Search for a licensed appraiser.
  2. Enter the name of the appraiser whom you are searching and click Query.

Contact Information

If you have any further enquiries, please contact +65 6351 2465 or +65 6351 2451 or email us.

 

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Last Updated on 1 July 2013


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