Real Estate Clients, Past and Present to select a few;

Notable Cases, Experience & Track Record

Special Valuation Cases experienced by our Managing Partner throughout his career in Real Estate:-

Special Valuation Cases done by Dr Sr Tham C/o MV Valuers throughout his career in Real Estate:-
⦿ Valuation of shares of a business for submission to the High Court of Malaya (Company Turnover of RM200 million and shares value of RM40 million in Selangor)
Role: Valuing the business of a hardware firm with turnover exceeding RM200 million for litigation purpose. Dr Tham is appointed as the valuer and expert witness for this purpose by the plaintiffs suing the defendants for fraud in the High Court of Malaya in Kuala Lumpur.
⦿ Valuation of approximately 32,000 hectares of plantation land in Asia, including Malaysia and Indonesia (3.44 Billion square feet with cumulative value of approximately RM 800 million throughout Asia for a Public Listed Company)
Role: Valuing the plantation land inclusive of biological assets for a public listed company. Dr Sr Tham is appointed as expert valuer for this purpose. Our valuation are precise, detailed and independent. Assisted with artificial intelligence and advanced drone technology, we provide in-depth surveying and detailed inspection on vast lands.
⦿ Valuation of approximately 10,000 hectares of plantation land (1.08 Billion square feet with value of hundreds of millions in Peninsula Malaysia for a Public Listed Company)
Role: Valuing the plantation land inclusive of biological assets for a public listed company in Malaysia. Dr Tham is appointed as the valuer and expert valuer for this purpose. Our valuation are precise, detailed and independent. Assisted with artificial intelligence and advanced drone technology, we provide in-depth surveying and detailed inspection on vast lands.
⦿ Valuation of the Property and Business of a Geopark for the purpose of submission to Jabatan Warisan Negara (Circa RM50 million) in Selangor
Role: Valuing the business in its existing and future potential of a business for the purpose of submission to Jabatan Warisan Negara. The site is part of the UNESCO recognized heritage area. Dr Tham is appointed as the valuer for this purpose by the owner of the business.
⦿ Valuation of Loss of Income, Consequential Damages and Incidental Costs of a Business for purpose for Submission to High Court of Malaya (Business Value: Circa RM50 million, Total Claims RM5 million)
Role: Valuing the business of a Company firm loss of income as a result of injunction for litigation purpose. Dr Tham is appointed as the valuer and expert witness for this purpose by the plaintiffs suing the defendants for loss of damages at the High Court of Malaya
⦿ Valuation of 9 industrial buildings for a Public Listed Company for the purpose of Internal Management (Circa RM42 million)
Role: Dr Sr Tham was appointed as the valuation expert for the valuation of 9 industrial buildings for a public listed company in Malaysia for internal management purposes. The total valuation amounts to approximately RM42 million.
⦿ Valuation of two (2) units of detached houses in Bukit Tunku for purpose of internal management (Value: Circa RM30 million)
Role: Valuation of two (2) units of detached houses with complex layouts in Bukit Tunku for internal management, accounting and fire insurance purposes.
⦿ Valuation of Plant and Machinery for purpose of Mergers & Acquisition (M&A) for a listed company in Malaysia (Value: Circa RM15 million)
Role: Valuing the plant & machinery of a company for the purpose of mergers & acquisitions in relate to a listed company in Malaysia. This is a complex case involving foreign machinery imported from Belize, Chilea and China.
⦿ Valuation of 15 plots of industrial land for the Perak State Government (Circa RM18 million)
Role: Dr Tham was appointed as the valuation expert for the valuation of 15 plots of industrial land for the Perak Government, appointed by the State Secretary of Perak Incorporated (SSI), for internal management purposes. The total valuation amounts to approximately RM18 million.
⦿ Valuation of Glove Processing Lines in Malaysia (Circa RM40 million)
Role: Dr Tham was appointed as the valuation expert for the valuation of glove processing lines, including formers and other machinery belonging to a listed company. The valuation is worth circa RM40 million.
⦿ Valuation and Market Studies for the Sale of 7 Glove Production Plants in Selangor (Circa RM15 million)
Role: Dr Tham was appointed as the valuation expert for the valuation of glove plants for the purpose of purchase and liquidation belonging to the subsidiary of a listed company. The valuation of the plant is worth RM15 million.
⦿ Valuation for Debt Recovery and Debt Swap involving a Property (Circa RM10 million) in Kajang
Role: Valuation of the property and value for debt recovery for the submission to the High Court of KL.
⦿ Valuation of Rare Earth and Rare / Specialized Metals in Malaysia (Circa RM40 million)
Role: Dr Tham was appointed as the valuation expert for the valuation of highly specialized steel and metals. The valuation is worth circa RM40 million. Subject experts are impressed with the accuracy, detailed elaboration and professionalism of the valuation report prepared.
⦿ Valuation in Determining the Injury to Property as a Result of Tort in Illegal Extension
Role: Valuation of the property and assessing damages as a result of tort in submission to the High Court of Ipoh, Perak.
⦿ Valuation for Appeal of Premium by the Malaysian Home Buyer’s Association
Role: Dr Sr Tham was appointed as a valuation expert by the Secretary General of the Malaysian Home Buyer’s Association to assist Malaysian homebuyers in appealing for a reduction of premium for shoplots in the old town of Petaling Jaya.
⦿ Valuation of Property for Debt Recovery for the High Court of Kuala Lumpur (Circa RM3 million)
Role: Valuation of the property for debt recovery purpose in securing order for sale.
⦿ Valuation of a 270,000 square feet Industrial Plant for Sale purpose (Circa RM14 million) in Malacca
⦿ Valuation for the Appeal of Land Conversion Premium for a Property in Perak (Circa RM5 million)
Role: Dr Sr Tham was appointed as the valuer for the appeal in valuation for land conversion premium concerning a driving school in Perak, with estimate value of RM5 million.
⦿ Valuation of 14 plots of Land for Audit and Auditing Purpose (Circa RM20 million)
Role: Dr Sr Tham was appointed as the valuer for the valuation of 14 development land for the purpose of audit and accounting purpose.
⦿ Market Studies & Consultancy for a Visitor Center for Investment Purpose (Circa RM15 million)
⦿ Market Studies for a Development Project in Eastframe Superlot, Christchurch, New Zealand (Circa NZ 25 million)
⦿ Sold and handled over hundreds of foreclosure properties as Licensed Auctioneer at the High Court of Malaya or land offices in the States of Perak, Melaka, Selangor and Penang.
⦿ Appointed as expert witness in many high profile complex litigation cases involving both tangible and intangible assets, loss of income, damages, compensation and expert in determination of actual loss. We are recognized as among the leading litigation valuation experts in Malaysia.

Research/Academic Winning Awards

• Royal Education Award 2016 – Majlis Raja-Raja Malaysia (Ruler’s Conference of Malaysia)
• 5th Royal Institution of Chartered Surveyors – Royal Institution of Surveyors Malaysia International Conference  Best Speaker Award, Taylors Unniversity 2012
• Pacific Rim Real Estate Society Development Project International Winner – Christchurch, New Zealand (Feasibility Study)
• Pacific Rim Real Estate Society Development Project Participant – Pretoria, South Africa 2016 (Feasibility Study)
• Appreciation Award by Malaysian Housing Developers Association REHDA, 2018
• Association of Certified Chartered Accountants (ACCA) Best Speaker Award for Risk Intelligence, 2016
• Deloitte Risk Intelligence Challenge Trophy 2016, National Winner
• Khazanah Nasional Berhad RM140,000 Research Grant, Award Recipient, Head of Research and Principal Investigator – Dr Tham Kuen-wei
• FRGS Grant by Center of Excellence, Ministry of Higher Education RM59,800 Research Grant, Award Recipient, Head of Research and Principal Investigator – Dr Tham Kuen-wei

Web of Science, SCOPUS & Peer Reviewed Publications

• Tham, K.W., Said, R. and Adnan, Y.M. (2021), Dynamic Implications of GDP, Interest Rates, Taxes, Income, Foreign Direct Investments, Housing Prices on Property NPLs, International Journal of Housing Market and Analysis, (Thomson Reuters Web of Science ESCI & SCOPUS-Indexed) Issue 5, 2021
• Tham, K.W., Said, R. & Adnan, Y.M., (2021) Interruptive Time Series Analysis of GST Upon Non-Performing Non-Housing Property Loans: Case Study From Malaysia, Asia-Pacific Management Accounting Journal, 16(1), Pp 35-58 (Thomson Reuters Web of Science ESCI Indexed)
• Tham, K.W., Said, R. & Adnan, Y.M., (2020) Implications of Macroeconomic Factors on Non-Performing Property Loans: Case of Malaysia, International Surveying Research Journal, Vol 2, pp 37-49
• Tham, K.W. & Said, R. (2021) Non-Performing Property Loans and its Origination in the Real Estate Finance System: Case Study of Malaysia, International Journal of Property Sciences, Vol 11, No 1
• Tham, K.W., Said, R. & Adnan, Y.M.,(2021) Relationship Between Inflation and Non-performing Property Loans in Malaysia : A Johansen Cointegration and Vector Error Correction Model Approach, Journal of Surveying, Construction & Property, University of Malaya, Vol 12 No 1, pp 36-44
• Chai, W.-C., Tham, K.-W., Cheng, C.T., Chong, K.W. and Yeoh, K.Y. (2024), “Impacts of macroeconomic factors during COVID-19 pandemic on property loan impairments and overhang: case study of Malaysia”, International Journal of Housing Markets and Analysis, doi.org/10.1108/IJHMA-04-2024-0056

Other Publications:-

• • Tham K.W. (2024) Stringent Regulation Needed in Property Management, The Star Newspaper
  • Tham K.W. (2024) Stricter regulation needed in property management, The Edge
  • Tham K.W. (2016) Factors that Influence the Malaysian House Price Index, University of Malaya
  • Tham K.W. (2016) Urban Land Economics: Development of the KL-Singapore High Speed Rail, UM
  • Tham K.W. (2016) Effects of Surging Fuel Prices upon the Property Sector, University of Malaya
  • Malaysia Property Times Issue July, 2018 – Is Ipoh Ready for Strata Living?
  • Focus Malaysia July, 2018 – Risks of Buying a Foreclosed Property
  • The Star Malaysia, August 2016 – Hybrid Bidding is a Safer Option
  • The Star Malaysia, December 2013 – Introduce more Stringent Measures
  • News Straits Times Malaysia, January 2017 – Perak Youth Embodiment of Holistic Graduate
  • Malaysian Chinese Chamber of Commerce National Magazine – Feng Shui at the International Arena and Impact on Real Estate
  • Interviewed by Sin Chew, Nanyang and Munsang Poh on various periodicals on Feng Shui and Property.

Notable Awards & Recognition
• Multiple Real Estate Awards / Recognition
Issued by Pacific Rim Real Estate Society, Royal Institution of Surveyors, Royal Institution of Chartered Surveyors (UK), Real Estate Housing Developers Association (REHDA) :-
2015 Pacific Rim Real Estate Society International Feasibility Analysis Competition Winner (Market & Business Feasibility Analysis Competition competed globally with participants from valuers, researchers and postgraduates from Australia, Singapore, New Zealand and other countries)
2018 REHDA Appreciation Award (PERAK)
2018 RISM Appreciation – Property & Feng Shui Talk
5th RICS-RISM International Conference Best Presenter Award
Deloitte Risk Intelligence Challenge (Nationals) 2016 Winner
• Royal Education Award (Issued by Rulers Conference of Malaysia / Majlis Raja-Raja Malaysia) Sep 2016
Issued by Rulers Conference of Malaysia (Majlis Raja-Raja Malaysia) · Sep 2016 Royal Education Award is one of the oldest and most prestigious award for any graduate or scholar achievable in Malaysia that is awarded by the Rulers Conference of Malaysia. Award received by Sultan of Perak His Royal Highness Sultan Nazrin Shah who is also the chancellor of University of Malaya in 2016. This is awarded to 2 recipients a year (one for Bumiputra, and another for a non-Bumi), out of 14,200 candidates in 2016.)
• Khazanah Nasional Berhad Doctorate Research Scholarship & Grant (Issued by Khazanah Nasional Berhad Jul 2016 (RM140,000)
Issued by Khazanah Nasional Berhad · Jul 2016 Recipient of the highly competitive Doctorate scholarship and grant by Malaysia’s largest sovereign wealth fund; Khazanah Nasional, to conduct research in Property Finance. The fund size was RM140,000 which covers travelling costs, foreign conferences, allowances etc.
• Expert Industry Recognition: Appointed as Conference Chairman
ASEAN Postgraduate Conference, by University of Malaya 2021
Appointed as conference Chair for ASEAN Postgraduate Conference 2021 – Researchers and industry experts from more than 10 countries attended the conference organized and hosted by University of Malaya in 2021. Dr Tham was appointed the chair of the conference.
COMFORI National Property & Leasing Conference 2023
Appointed as conference Chair for the COMFORI National Property & Leasing Conference in 2023 – Researchers and industry experts from both public listed companies, valuation firms and over 10 panelists and expert presenters attended the conference organized and hosted by University of Malaya in 2021. Dr Tham was appointed the chair of the conference, as well as the moderator for expert discussions.
• Fundamental Research Grant Scheme Recipient 2023 (RM59,600.00)
Issued by Department Of Higher Education (Jpt) Institutions Of Higher Education Excellence Planning Division. As the head of research of the team, Dr Tham was awarded the highly competitive grant by the Ministry of Higher Education to conduct research in Impacts of Macroeconomic Factors on Real Estate Market: including Non-performing loans and impacts on the business valuation of property related companies in Malaysia.
• Fundamental Research Grant Scheme Recipient 2024 (RM112,000.00)
Issued by Department Of Higher Education (Jpt) Institutions Of Higher Education Excellence Planning Division. Dr Tham was part of the research team being awarded the highly competitive grant by the Ministry of Higher Education to conduct research in development of land value capture framework for funding rail transit projects in Malaysia.

Engagement as Speaker / Trainer :-
• Supervision of Doctorate Candidate – Zhao Nan, TAR University of Management & Technology (Formerly known as TARUC) 2022-Current
• Lecturing for PhD & Masters Degree Subjects in Valuation and Finance related subjects
• REHDA East Malaysia –Trainer & Speaker for Valuation of Companies and Projects, Feasibility Studies 2022
• SHAREDA–Trainer & Speaker for Valuation of Companies and Projects, Feasibility Studies 2022
• ALLIANCE Bank Malaysia Berhad – Speaker for the talk titled “Navigating Through Financial and Property Markets with Feng Shui in 2019”
• REHDA Malaysia – Speaker for Property and Feng Shui 2018
• Royal Institution of Surveyors Malaysia – Speaker for Property and Feng Shui 2018
• EcoWorld Berhad Eco Grandeur Opening Ceremony – Invited as Guest Speaker 2018
• Malaysian Property Expo (MAPEX) – Invited as Guest Speaker 2017
• Perfect Livin Property & Furniture Exhibition – Invited as Guest Speaker 2017
• HRDC Licensed Trainer on Valuation, Business and Corporate Valuation, Property Law and related matters

Formal Continuous Professional Development Seminars Attended:-
• Assessor Preparation Course” by Institute Penilaian Negara (INSPEN); Assessor Preparation Course by Institute Penilaian Negara (INSPEN)
• Construction Management: Delays and Disruption by the Royal Institution of Chartered Surveyors (UK)
• Business Valuation Methods and Issues 2020 by Center for International Business Valuation, CFIBV
• Professional Ethics For RICS Members by the Royal Institution of Chartered Surveyors (UK)
• Resolution on Tenancy Disputes” by the Royal Institution of Surveyors Malaysia
• Seminar on Land Acquisition Relating to Underground Land & Court Decisions Affecting Valuation Principles and Practices” by Association of Valuers, Property Managers, Estate Agents & Property Consultants in the Private Sector Malaysia
• Fundamentals of the Valuation of Complex Properties by Thai Appraisal Organization 2021
• Tax Planning for Land Traders, Investors and Property Developers by the Malaysian Institute of Accountants (MIA)”Tax Planning for Land Traders, Investors and Property Developers” by the Malaysian Institute of Accountants (MIA)
• Taxation of Land Transactions: Insights & Strategies” by the Chartered Tax Institute of Malaysia (CTIM)
• Real Estate Investment Trusts Masterclass” by the Royal Institution of Chartered Surveyors (UK)
• Malaysia Valuation Standards 6th Edition by BOVEA
• Business Valuation by the Association of Business Valuers

Conferences appointed as Conference Chair, Guest Speaker, Presenter / Participant:-
• International Conference on Business Management and Humanities (ICBEMH) 2024, Edinburgh United Kingdom – Guest Speaker & Presenter (Sr Dr Tham Kuen Wei)
• Pacific Rim Real Estate Society Annual Conference (PRRES) 2024, Goldcoast, Australia – Presenter (Sr Dr Tham Kuen Wei)
• COMFORI National Property Conference 2024 – Chair & Participant (Sr Dr Tham Kuen Wei)
• COMFORI National Property Conference 2023 – Chair & Participant (Sr Dr Tham Kuen Wei)
• ASEAN Postgraduate Conference 2021– Chair & Participant (Sr Dr Tham Kuen Wei)
• National Real Estate Convention NAPREC 2019 – Participant (Sr Dr Tham Kuen Wei)
• European Real Estate Society Conference, July 2018 – Presenter for Implications of Macroeconomic Factors on Non-performing Property Loans: Case of Malaysia , held in University of Reading, England, United Kingdom (Sr Dr Tham Kuen Wei)
• Pacific Rim Real Estate Society, January 2016 – Presenter for “Market Development Studies: Case of First East Superlot, Christ Church), held in Istana Hotel, Kuala Lumpur (Sr Dr Tham Kuen Wei)
• National Real Estate Convention, March 2019 – Participant (Sr Dr Tham Kuen Wei)
• International Surveyors Conference 2017, May 2017 – Participant (Sr Dr Tham Kuen Wei)
• RICS-RISM International Conference for Undergraduates – Presenter for “Factors Affecting the Preferences of Shopping Malls in Klang Valley” & Winner, held in Taylors University (Sr Dr Tham Kuen Wei)
• RICS-RISM International Conference for Undergraduates – Participant, held in University of Malaya (Sr Dr Tham Kuen Wei)