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StreetSine, SISV reach understanding on automated valuation models; court action ends

Joint statement from both parties highlights recognition that AVMs can facilitate pricing transparency for public

Nisha Ramchandani

Nisha Ramchandani

Published Tue, Dec 10, 2019 · 09:50 PM
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Singapore

STREETSINE and the Singapore Institute of Surveyors and Valuers (SISV) have reached an understanding on the use of automated valuation models (AVMs) following mediation, which has resulted in StreetSine discontinuing proceedings that had been previously brought against SISV.

In a joint statement issued on Tuesday morning, StreetSine and SISV said: "P…

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