Twin Pillars’ reports are prepared in accordance with the standards set out in the valuation standards
published by the Royal Institution of Chartered Surveyors (RICS) and International Valuation
International Valuation Standards (IVS)
IVS covers the valuation of a range of assets – financial instruments, fixed assets, intangible assets & business interests
Singapore Institute of Surveyors and Valuers
The Institute was established in 1982 when the Singapore Institute of surveyors and the Singapore Institute of Valuers merged.The Valuers give advice on the values of interests in property upon which all real estate activities are based on.
Royal Institution of Chartered Surveyors (RICS)
RICS provides valuation standards, protects consumers with strict codes of practice and advises governments and business. RICS provides expertise in matters involving fixed assets, including but not limited to land and real property.
International Financial Reporting Standards (IFRS)
IFRS is a common global language for business affairs so that company accounts are understandable and comparable across international boundaries.