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المصدر
Egyptian Standards for Property Valuation
The Egyptian General Authority for Financial Supervision has issued the second edition of the Egyptian standards for real estate valuation, more than 11 years after the first edition. These standards aim to improve the efficiency of non-banking financial markets and enhance the reliability of real estate asset valuations, particularly in the fields of real estate finance, investment, and investment funds. The new standards are aligned with the latest international standards, "IVS," ensuring the application of transparent, objective, and internationally comparable valuation methodologies. Valuators are also committed to professional ethics and maintaining confidentiality of data for at least five years. Additionally, the standards specify the three main valuation methods—market, income, and cost—and explain how to use data to analyze property values. They include practical applications and reporting models to facilitate the valuation process. It is expected that adopting these standards will support real estate financing activities, attract increased investments, and enhance the transparency and reliability of real estate valuations in Egypt, within a modern regulatory framework that aligns with best international practices.
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