The Board of Valuers, Appraisers, Estate Agents and Property Managers was set up in 1981 under the purview of the Ministry of Finance, Malaysia. The setup and operation of this Board is governed by the provision of Valuers, Appraisers, Estate Agents and Property Managers Act 1981. Its primary function is to regulate the Valuers, Appraisers, Estate Agents and Property Managers practising in Malaysia.