About IPREA
Advancing credible valuation practice in the Philippines
The Institute of Philippine Real Estate Appraisers (IPREA) is a professional organization established in 1961, serving the valuation community in the Philippines. IPREA promotes credible, consistent, and ethical appraisal practice and supports alignment with international best practice as a Valuation Professional Organization (VPO) member of the International Valuation Standards Council (IVSC).
What We Do
What We Do Standardsled practice, professional capability, and institutional trust
IPREA supports valuation professionals and stakeholders by advancing standardsinformed practice, strengthening professional competence, and convening the community around quality, consistency, and public trust.
Standards & Ethics
Professional Development
Community & Collaboration
International Alignment
How We Do It
IPREA
Advance the Philippine valuation profession through education, ethical practice, and
international standards, serving the public interest and national development.
Mission
To advance the Philippine valuation profession through standardsinformed education, ethical practice, and professional community—supporting the public interest and national development.
Vision
To advance the Philippine valuation profession through standardsinformed education, ethical practice, and professional community—supporting the public interest and national development.
Values
- Integrity — ethical conduct and public trust
- Competence — continuous learning and professional rigor
- Objectivity — independence of judgment and evidencebased conclusions
- Consistency — standardsled practice and quality outcomes
- Accountability — responsibility to stakeholders and the profession
- Collaboration — shared learning and constructive engagement
International alignment and professional recognition
IPREA’s work is informed by international valuation standards and professional benchmarks. These linkages support comparability, confidence, and consistency in valuation practice across jurisdictions.
IVSC Membership (VPO)
RICS Recognition Pathway
IVSAligned Standards Ecosystem
History & Milestones
A history of professional development in valuation
Since 1961, IPREA has served as a convening body for valuation professionals—supporting capability-building, community standards, and institutional trust in valuation outcomes.
Leadership & Governance
Governance designed for credibility and continuity
IPREA is governed by a Board of Trustees and supported by Executive Officers and committees responsible for professional practice, education, fellowship, and member services. The organization’s governance framework supports transparency, professional accountability, and sustained capability-building for the valuation community.
Supporting decisionmakers across the valuation ecosystem
Valuation underpins capital allocation, lending, reporting, taxation, and dispute resolution. IPREA supports a professional environment where valuation outputs are credible and consistent for institutions and the public.
- Regulators and government institutions
- Banks and financial institutions
- Corporates and audit/reporting stakeholders
- Courts, legal teams, and dispute resolution parties
- Investors, developers, and property owners
- The valuation profession and the public interest