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Phnom Penh · Kingdom of Cambodia

Valuations Cambodia trusts, standards Asia recognises.

Independent property, plant and business valuation — prepared to IVS and RICS standards, grounded in the deepest local market data in the Kingdom, and connected to a valuation network spanning six Asian markets.

Working to the standards of

  • IVS
  • RICS
  • CVEA
  • AVA
2021
Established
20+
Years of leadership experience
3
Valuation disciplines
About us

A fresh approach to
property valuation
in the Kingdom.

Asia Pacific Property Appraisal Co., Ltd. was founded in 2021 on a simple conviction: that a valuation is only as good as the standard behind it, and the data beneath it.

We apply the International Valuation Standard (IVS) and the Royal Institution of Chartered Surveyors (RICS) standard to every engagement — benchmarks that many firms in the region have not yet been able to implement. That discipline is what makes an APP Appraisal report hold up: in a bank's credit committee, in an auditor's file, and in a cross-border transaction.

The deepest local database

An extensive Cambodian real estate database built over decades of transactions — the evidence base that turns an opinion into a defensible figure.

Ethics as the first test

Our values and ethics have always been the main determinant of any action we take. Independence isn't a policy page — it's the reason our numbers are worth reading.

Valuers trained to standard

Every valuer is trained in IVS and RICS methodology. The expertise of our valuers is the main factor in our success — so we invest there first.

Trusted by the financial sector

Deep working relationships with Cambodia's banks, financial institutions and domestic SMEs — the clients whose decisions depend on getting the number right.

Human and financial capital complement each other. We keep working to realise our vision — continuously finding new and better ways to accurately value your property.

APP Appraisal — on our founding values
Excellence in valuation

Trusted insights backed by the highest global standards.

Every report we produce is meticulously prepared against international benchmarks — so your valuation is reliable, globally recognised, and defensible wherever it's read.

  • IVSC

    International Valuation Standards

    IVS covers the valuation of a full range of assets — financial instruments, fixed assets, intangible assets and business interests.

  • RICS

    Royal Institution of Chartered Surveyors

    RICS sets valuation standards, protects consumers through strict codes of practice, and provides expertise across land and real property.

  • CVEA

    Cambodian Valuers & Estate Agents Association

    The Kingdom's professional body for valuers and agents. Our Chairman is a founding member.

  • AVA

    ASEAN Valuers Association

    The regional body harmonising valuation practice across South-East Asia. Our leadership participates in AVA congresses.

Our services

Three disciplines,
one standard of proof.

Whatever the asset class, the method is the same: evidence first, standard applied, conclusion you can defend.

01

Real Estate Valuation

Residential, commercial, industrial, agricultural and government property — assessed accurately for transactions, lending, financial reporting and dispute resolution.

  • Residential
  • Commercial
  • Industrial
  • Agricultural
  • Government
Learn more
02

Plant & Equipment Valuation

Fair market value for the machinery your business runs on — supporting financial reporting, insurance cover, M&A and asset-backed financing.

  • Plant machinery
  • Machinery systems
  • Equipment
Learn more
03

Business Valuation

Clear insight into what an enterprise is actually worth — from operating companies to trademarks and patents, for acquisitions, reporting and strategic planning.

  • Enterprises
  • Financial institutions
  • Trademarks
  • Patents
Learn more
Leadership

The people behind
the number.

A valuation carries the signature of the person who prepared it. Ours are signed by practitioners with decades in Cambodia's property, banking and finance sectors.

Chairman

Mr. Sorn Seap

A real estate professional with over 20 years of experience in Cambodia's property sector. He is the Chairman of Juwai Cambodia, where he leads the growth and development of a globally connected real estate platform in Cambodia. He is also a founding member of the Cambodian Valuers and Estate Agents Association (CVEA) and Chairman of Asia Pacific Property Appraisal.

  • Founding Member, CVEA
  • Chairman, Juwai Cambodia

General Manager

Mr. Ngorn Sokun Rathna

Joined Asia Pacific Property Appraisal in January 2022, with over 15 years in property valuation, banking operations and financial services. He leads the valuation team, reviews and approves reports, develops valuation standards and operating systems, and builds the firm's partnerships with banks, auditors, investors and institutional clients.

Trained to IVS & RICS standards

Talk to a valuer, not a call centre.

Every engagement is scoped directly with the team who will sign the report.

Get in touch
Contact us

Let's establish
what it's worth.

Tell us about the asset and the purpose of the valuation. We'll come back with scope, timeline and fee.

Office

TK Roundabout Building, Street 289,
Phum 12, Sangkat Boeung Kak II,
Khan Tuol Kork, Phnom Penh,
Kingdom of Cambodia
Open in Google Maps

Write to us directly.

Every message goes straight to the valuation team. Tell us what the asset is and why it needs valuing, and we will reply with scope, timeline and fee.