PEPS  is  the  acronym  for  Persatuan  Penilai, Pengurus Harta, Ejen Harta  &  Perunding Harta Swasta Malaysia (Association of Valuers, Property Managers, Estate Agents and Property Consultants in the Private Sector Malaysia). PEPS was previously known as Persatuan Penilai & Perunding Harta Swasta Malaysia (Association of Valuers & Property Consultants in Private Practice Malaysia) until 6 August 2009 when the new name was approved by the Registrar of Societies of Malaysia. 

Founded in 1984, through the spirit of cooperation and professional commitment by the private practitioners, PEPS has worked tirelessly to promote the role of Valuers, Property Managers, Estate Agents and Property Consultants in private sector in Malaysia. This is also in line with our Mission Statement which is to advance professionalism, foster fellowship among valuers, property managers, estate agents, property consultants and to provide support to members.
 
PEPS members are professionals in the property industry providing Property Valuation, Property Management, Estate Agency and Property Consultancy Services.  PEPS members are qualified Valuers, Property Managers and Estate Agents registered under the Valuers, Appraisers & Estate Agents Act, 1981. In gaining their professional status, PEPS members have gone through formal education starting from the first degree at higher learning institutions both locally and overseas (UK, Australia, New Zealand and Singapore). Relevant degrees are BSc in Estate Management, BSc in Land Administration, BSc in Land Management, BSc in Land Economy and BSc in Surveying (Property Management). Most of our members are also professional associates of The Institution of Surveyors Malaysia (ISM) and Royal Institution of Chartered Surveyors, United Kingdom (RICS). 

Each PEPS member can be recognized by both their registration numbers with the Board of Valuers, Appraisers & Estate Agents Malaysia (e.g. V-123 & E-123) and can also be identified by their abbreviation MPEPS (as PEPS Ordinary Member). With these qualifications and experience, PEPS members are the real estate and property professionals for the property industry.