NAPREC
Institut Penilaian Negara (INSPEN) has been entrusted as the coordinator to manage and distribute research funds approved by the government under each Malaysian Development Plan. Its primary objective is to manage the allocation of research funds in the field of real estate to real estate research organizations.
Since 2002, INSPEN has served as the National Property Research Coordinator (NAPREC). As the coordinator, this unit facilitates and manages funding for real estate research by identifying key issues that require investigation in the real estate industry.
Today, more than 150 research projects have been completed, covering five main areas under NAPREC:
Additionally, efforts have been made to promote the available funding and disseminate research findings to expand awareness among real estate industry players using appropriate methods.
To enhance the distribution of research findings to real estate industry stakeholders, several steps have been taken, including organizing seminars or workshops as platforms to share research outcomes with industry players. Research findings are also showcased through social media and official websites, which can be accessed by industry stakeholders.
Moreover, research results are disseminated through associations or organizations related to the real estate industry. By implementing these measures, it is hoped that research findings will be more accessible and beneficial to real estate industry players. Consequently, the research produced will align more closely with the current needs of the real estate industry.
Organizational Chart – NAPREC Secretariat