MEDAN, November 10, 2026 – On the second day of the 2026 International Workshop and International Community Service Program, the Master’s Program in Property Management and Valuation (MMPP) at the Postgraduate School of Universitas Sumatera Utara (USU), in collaboration with Universiti Teknologi Malaysia (UTM), hosted an international lecture at the USU Graduate School Hall. The event covered topics including sustainable real estate, property and asset management, valuation, Environmental, Social, and Governance (ESG) criteria, and future urban development. The first session featured Prof. Maimunah Sapri from UTM, who presented on “Beyond Property Value: Creating High-Performance Assets for Sustainable Real Estate,” discussing the importance of generating value in property assets through performance, efficiency, and sustainability principles.
The second international lecture was delivered by PM Dr. Muhammad Najib from UTM, who spoke on “ESG Disclosure and Financial Performance of Listed Property and Real Estate Companies in Indonesia.” This presentation examined the relationship between ESG disclosures and the financial performance of property and real estate firms in Indonesia. Following this, Suherwin, S.T., M.Si., MAPPI (Cert)—an MMPP USU student who also serves as the Head of the North Sumatra Regional Chapter of the Indonesian Society of Appraisers (MAPPI)—presented on “Does RSPO Certification Increase the Value of Oil Palm Plantations?” exploring how RSPO sustainability certification can influence the economic and asset value of oil palm plantations.
The subsequent session featured Cik Aida Julia binti Aminuddin, who presented on “From Research to Reality: Exploring Housing Development and Sustainable Communities through UTM Projects.” This session highlighted the practical application of research findings in the development of housing and sustainable communities through various UTM projects. The event also featured an "Alumni Best Practice Session" titled "Green Building from the Perspective of Property Appraisal in Indonesia," presented by Aris Subkhan Mashuri—an MMPP student at USU and a MAPPI-certified professional—who explored the relevance of green building concepts within the context of property appraisal practices in Indonesia.
The topics discussed are closely linked to the achievement of the Sustainable Development Goals (SDGs), particularly SDG 11 (Sustainable Cities and Communities) through the development of sustainable residential and urban areas; SDG 12 (Responsible Consumption and Production) through the application of sustainability principles in asset and estate management; and SDG 13 (Climate Action) through a focus on green buildings and environmentally friendly property management. Furthermore, discussions regarding ESG (Environmental, Social, and Governance) and asset performance support SDG 9 (Industry, Innovation, and Infrastructure), while the academic collaboration between USU and UTM serves as an implementation of SDG 17 (Partnerships for the Goals).
Through this second day of the event, USU and UTM have fostered an exchange of academic insights and professional experience to address the challenges of a property industry that is increasingly oriented toward sustainability. By bringing together academics, appraisal practitioners, and students in an international forum, the initiative aims to strengthen human resource competencies, expand collaborative networks, and generate innovative ideas and practices that support the development of a competitive, inclusive, and sustainable property and urban sector.