Certainly! When it comes to property valuation reports in Singapore:
HDB (Housing and Development Board):
The seller pays for the valuation report.
The valuation report is required by buyers to obtain loans from HDB or financial institutions.
The seller facilitates this process by requesting a valuation to speed it up1.
Private Condo (Private Residential Property):
Private property owners can use the URA’s Private Residential Property Transactions e-service to get an approximated valuation.
The cost for a licensed valuer’s services typically ranges between $200 and $400.
Banks may also provide indicative valuations12.
Remember to obtain a professional valuation before listing your property to determine the right asking price!
Read More
