JOB DETAILS

100024615_Manager (Valuation)

CompanyPETRONAS
LocationKuala Lumpur
Work ModeOn Site
PostedJuly 23, 2026
About The Company
Petroliam Nasional Berhad (PETRONAS) is a leading global energy company committed to powering society’s progress in a responsible and sustainable manner. With close to 50,000 employees and a global reach spanning over 100 countries, we are ranked among the world’s largest corporations by revenue in the Fortune Media IP Ltd’s 2022 Fortune Global 500® list. As Malaysia’s national oil and gas company, we safeguard and manage the nation’s hydrocarbon resources to ensure national energy security and maximise value. We explore, develop and produce hydrocarbons as well as cleaner energy solutions. We have three core businesses, namely Upstream, Gas and Downstream, supported by Project Delivery and Technology division, which acts as an enabler. We recently launched Gentari, our new entity providing customers with cleaner energy and lower carbon solutions in three core offerings – renewables, hydrogen and green mobility alongside our core portfolio. We remain committed to produce oil and gas in a differentiated manner, with focus on reducing carbon emissions and at competitive cost. Our hydrocarbon portfolio today is two-thirds gas, which puts us in an advantageous position as gas and Liquefied Natural Gas (LNG) will continue to play a vital role even as the energy system evolves. As one of the leading LNG players in the world, PETRONAS will continue to serve the global LNG demand. As a responsible and conscientious global energy player, sustainability is at the heart of our business and how we operate. Our commitment to responsible business growth and positive contributions to society and the environment remains unwavering. Fuelled by our passion to be a partner for our customers in the journey towards a lower carbon energy future, every step we take brings us closer towards achieving our aspiration of Net Zero Carbon Emissions by 2050 (NZCE 2050).
About the Role

Job Purpose

Manage and coordinate the property valuation exercises for the Group to safeguard the interest of the Group and property value.

Main Accountabilities

  1. Manage and coordinate the statutory and ad-hoc valuation property valuation for KLCC Group of Companies and Joint-Venture Companies, service efficiently and effectively, ensuring consistency on value as per the Malaysia laws, guidelines, standards and acceptable by international practices.
  2. Coordinate property valuation services for PETRONAS asset under the General Management Services Agreement.
  3. Manage the appointment of Independent Registered Valuer for capital and rental valuation exercises for KLCC Group of Companies, Joint-Venture Companies and PETRONAS.
  4. Coordinate the internal valuation exercises to accurately estimate the capital and rental value of properties for specific purposes in timely manner.
  5. Manage the internal valuation for new assessment list objection for hearing purposes to government agencies and authorities in defending the property value to protect the interest of the Group.
  6. Manage the submission of valuation reports to the client in a timely and efficient manner
  7. Maintain list of approved Independent Registered Valuer for KLCC Group of Companies and Join-Venture Companies.
  8. Review appointed Independent Registered Valuer performance, opinion of value and report quality.as per Malaysian Valuation Standard.

Requirements

  • Strong property valuation background 
  • Strong understanding of commercial real estate market, legislation, law and other real estate policies and procedures
  • Good in communication, presentation and report writing skill
  • Good in verbal and written Bahasa Malaysia and English.
  • Good in leadership skill, communication and problem solving
  1. Minimum Bachelor Degree in Real Estate/Estate Management/Property Management or Land Administration or equivalent 
  2. Minimum 10 years of working experience in real estate market preferably property management of commercial property and/or real estate valuation or equivalent  
  3. Registered Valuer, Estate Agent and Property Manager from Board of Valuers, Appraisers, Estate Agents and Property Managers and/or member of Royal Institution of Surveyor Malaysia and/or Royal Institution of Chartered Surveyor United Kingdom and/or other relevant real estate professional bodies, is an added advantage.
     
Key Skills
Property ValuationCommercial Real Estate MarketReal Estate LegislationReport WritingLeadershipProblem SolvingCommunicationPresentation
Categories
Finance & AccountingManagement & LeadershipSalesConsulting
Job Information
📋Core Responsibilities
Manage and coordinate statutory and ad-hoc property valuation exercises for the Group and its joint ventures to safeguard property value. Oversee the appointment and performance of Independent Registered Valuers while handling internal valuations and government assessment objections.
📋Job Type
full time
📊Experience Level
10+
💼Company Size
40208
📊Visa Sponsorship
No
💼Language
English
🏢Working Hours
40 hours
Apply Now →

You'll be redirected to
the company's application page