CREBA, La Salle open real estate appraisal course

The Chamber of Real Estate and Builders’ Associations Inc. (CREBA), in consortium with the De La Salle College of Saint Benilde School of Professional and Continuing Education (DLS-CSB SPACE), will open its certificate course, “Highest and Best Uses for Real Estate” on March 30.

The course is the fourth of six modules under the Executive Diploma Program in Real Estate Management (EDPREM) offered by the two leading institutions since 2002.

Classes will be held at the ninth floor of the CSB School of Design and Arts Campus located at Pablo Ocampo Street, Malate, Manila from 1 to 8:30 p.m. and will run for four consecutive Saturdays until April 27.

CREBA, headed by national president Noel Toti Cariño, is the Philippine umbrella organization of the real estate and housing industry.

According to CREBA national chairman Charlie Gorayeb, the first two Saturdays will cover: Introduction to property valuation, Ethics and valuation principles; Philippine valuation standards; Economic factors affecting value; Highest and best use of land; Market value and nonmarket value; Other valuation techniques; Real estate site identification; and Real estate market analysis.

For the 3rd and 4th week: The appraisal process; Approaches to value (market data, cost and income approach); Valuation of lease interest, condominiums and office buildings; Legal considerations in appraisal; and practical valuation for expropriation proceedings.

Program director Avelina Acuña said that the other five courses tackle effective tools for real estate marketing; land laws and property titling; planning and development; financial analysis and management; and project feasibility studies.

Participants are awarded certificates for each course module attended, while a diploma is earned by successfully completing all six EDPREM modules.

Special discounts are available for CREBA members, government personnel, DLSU alumni or early bird payments until March 16. For reservations, call tel. nos. 4007405 and 400-5425 (CSB), 3732270 to 75 (CREBA), or email to

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