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Computer assisted rating valuation of commercial & industrial properties in Malaysia: developing an expert system from a multiple experts knowledge elicitation methodology
Abdul Hadi Nawawi1.
The feasibility of developing an expert system in the valuation of commercial and industrial properties for rating purposes in Malaysia from several experts was investigated by empirical research. Knowledge was elicited mainly from these experts using various techniques: separate interviews, group interviews and observation. A simple regression analysis to find the weightings of the main factors was also incorporated in the knowledge-base for the purpose of complementing the heuristical approach. The knowledge-base was analysed and represented in a prototype consisting of four modules purpose-built office complex; shopping complex; shophouse/ flat/ office and factories. The prototype was evaluated through valuers commenting upon the knowledge-base contained in the prototype and by a comparison of actual valuation against the prototype‟s predictions.
Affiliation:
- Universiti Teknologi MARA, Malaysia
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