Dear Weikang, If the price offered to purchase to seller is competitive, I do not foresee such a situation from happening. All the past transactions with valid valuation report has benefitted the buyers outright due to the regulations implemented therefore I believe this latest change has neutralised the whole situation. All transactional data has been published online and easily within reach for everyone with internet access, therefore there is no reason a buyer will want to make an excessive offer. Even if the seller does carry out the strategy which you have described, this valuation report will still have expired should the original buyer decides not to exercise the OTP. Instead, as an informed buyer, you would probably not be making offers out of the transactional price range and negotiate for a lower price for all the offers you make. In this case, it becomes more of a level field between sellers and buyers with no one having specific advantages. As it is, I will look at this as which side of the coin are you at. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile:
+65-81577565
/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** ARE YOU FREE 21st May?? Watch out this space for more landed homes deals!! More than 50% units sold @ Royal Wharf, London. A new prime waterfront township in central London awaits your attention. An excellent opportunity for investment in an ideal location. Studio units are almost sold out!! https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Call us to find out MORE!
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