The commercial valuation report is a key element in property investment decision making for institutional investors; particularly as the current global financial crisis. Client perceptions of the quality of valuation reports have been assessed previously for the UK, Australia and the US. However, this issue has not been assessed in Asia. The purpose of this paper is to the results of the major survey of user of valuations concerning the quality of valuations reports in Malaysia. This survey as conducted in September 2008 and addressed specific issues regarding the quality of valuation reports including current procedures, satisfaction wit current valuations reports, strengths/ weaknesses of the reports and suggested improvements. This survey has significant implication regarding the quality of valuation reports in Malaysia particularly as an international context.