Our Services

We handle appraisals/valuations of every property type for the purposes of mortgage, public listing, sale, purchase, rent review and financial report.  We also undertake Business Valuation, Fairness Opinion, Feasibility Studies, Fairness Opinion, Project Monitoring, and several other services.

Property Valuation

In property valuation we undertake inspection, analysis and estimation of the market value of tangible property such as vacant land, residential, industrial and commercial buildings. We also undertake valuation of heavy equipment, plant and machineries, transportation equipment, mining and plantation.

Business Valuation

We undertake business valuation by examining various relevant economic factors, transactions and activities of a business using predetermined formulas to assess the market value of the business or an owner’s interest in a company. Business valuation may be conducted to provide an accurate snapshot of the company’s financial standing to present to current or potential investors.

Feasibility Studies

Feasibility studies aim to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats as presented by the environment, the resources required to carry through, and ultimately the prospects for success.

Fairness Opinion

A fairness opinion is a professional statement on the result of a decision-making process, particularly on the financial fairness of an intended or an agreed transaction price. Its purpose is not to calculate a transaction price but a fairness opinion can help the board determine whether a proposed transaction is fair to relevant stakeholders.

Project Monitoring

Project Monitoring is required by bank or other financial institution related with their activities to provide loans to their customers. The banks or other financial institutions will give instructions to the consultants to monitor and review the financial activities and physical progress of project construction.

Other Services

Supported by Daiwa Real Real Estate Appraisal Co., Ltd. and other international partners, we will expand our services, in due course, to include corporate real estate service, research, development consultancy, sales and leasing agency, property management, project management and asset management.


Daiwa Real Estate Appraisal Co., Ltd.

Tokyo, Japan

CPM Capital Co., Ltd.

Bangkok, Thailand

Some of our Clients

Our clients range from government institutions, public companies, multinational corporations, financial institutions, insurance companies, developers, embassies and private individuals.

We are listed as a Partner of

Meet our team

Kantor Jasa Penilai Publik Sarwono, Indriasari & Rekan (KJPP SIR) is a public appraisal service firm established in Jakarta in 2004, as a new form of business entity to replace a limited liability appraisal company which had been operating since early 1990. Its previous name is KJPP Sarwono, Indrastuti & Rekan. Our current Public Valuer License number from the Ministry of Finance is No. 2.18.0156, dated 23 August 2018.

Drs. Sarwono


  • Representative for Indonesia of Daiwa Real Estate Appraisal Co., Ltd.
  • Senior member of MAPPI No. 84-S-0030
  • Public Valuer License (for both property and business valuation) No. PB-1.08.00011
  • FRICS (Fellow Member of Royal Institution of Chartered Surveyors) Reg. No. 1207562
Amanda Indriasari
M.Ec.Dev., MAPPI (Cert.)


  • Member of MAPPI No. 11-S-03015
  • Public Valuer License (for business valuation) No. B-1.17.00499
  • Has more than 5 years of experience in business valuation 

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Get in Touch

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Head Office

Grand Panglima Polim Kav No.68
Jl. Panglima Polim Raya, Pulo, Kebayoran Baru
Jakarta 12160, Indonesia
Tel: +62 21 7230887, +62 21 27932559
Fax: +62 21 7230883
E-mail: info@sarwono.co.id

Branch Offices

Komplek Pesona Bali Residence
Blok B9 No.11
Bandung 402888, Jawa Barat, Indonesia
Tel: +62 22 87770254
Fax: +62 22 87317625
CP: Ade Juharyana
E-mail: kjppsir.bdg@gmail.com

Komplek Platinum Residence
Blok A-53, Desa Pepe, Kec. Sedati
Sidoarjo, Jawa Timur, Indonesia
Tel: +62 31 30007879
Fax: +62 31 30007979
CP: Anhar Armansyah
E-mail: kjppsirsby@gmail.com

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