Board of Quantity Surveyors Malaysia (BQSM) is a statutory body, established by an Act of Parliament namely the Registration of Quantity Surveyors Act 1967 (also known as Quantity Surveyors Act 1967), responsible for: the registration of Quantity Surveyors and firms and bodies corporate practicing as consulting Quantity Surveyors; and the regulations of the Quantity Surveying profession in Malaysia, safeguarding the interests of the public and the rights of registered Quantity Surveyors and Quantity Surveying practices.
The Surveyors were first recognised as a profession in 1885 with the setting up of the Survey Department. Prior to March 1961, there were two professional bodies representing surveyors, The Malayan Institution of Surveyors (the former R.I.C.S Federation of Malaya Branch) and the Institution of Land Surveyors. History for surveyors was made on the March 13, 1961, when these two bodies met at the Boardroom of the Royal Selangor Club resolved to form then The Institution of Surveyors (Federation of Malaya).
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.
he Malaysian Qualifications Agency or the MQA is a statutory body in Malaysia set up under the Malaysian Qualifications Act 2007 to accredit academic programs provided by educational institutions providing post secondary or higher education and facilitate the accreditation and articulation of qualifications.
The Royal Institution of Chartered Surveyors (RICS) is a professional body promoting and enforcing the highest international standards in the valuation, management and development of land, real estate, construction and infrastructure. RICS work at a cross-governmental level, delivering a single, international standard that will support a safe and vibrant marketplace in land, real estate, construction and infrastructure, for the benefit of all. Professionals holding RICS qualifications may use the following designations after their name: AssocRICS (Associate), MRICS (Member), FRICS (Fellow). Those with the designation MRICS or FRICS are also known as chartered surveyors