4 Answers

askguru expert
Hi there, thanks for writing to us on AskGuru.

It depends on the type of property you are buying.

For Housing and Development Board (HDB) flat, it is HDB's requirement that you can only use the value of the flat determined by HDB.

For private property, you can use the valuation report done by a bank's valuer.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More

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Mani Subramanian Veeramani
Hello

Can I use the valuation report done by a bank's valuer when I buy my property? #AskRealtorMani @AskRealtorMani

Are bank property valuations accurate?

What do valuers look for when valuing a property?

What happens if bank valuation is lower than the purchase price?

What does a bank valuer look for in a property?

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Answer:

https://www.linkedin.com/posts/askrealtormani_can-i-use-the-valuation-report-done-by-a-activity-6768130491540496384-OrnI/

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It depends on the type of property you are buying.

Are you purchasing Housing and Development Board (HDB) flat
Private property

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0

Aaron Chong
Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Hope to hear from you soon and have a great week ahead.

Regards
Aaron Chong
9730 8455
aaronchong2774@yahoo.com.sg Read More

0

Robbie Chen Chee Howe
Hi,

It depend on the type of property you purchase.

If you are purchasing a private property, then yes, you can use the valuation from the bank that you took the loan from.

However, if you're purchasing a HDB flat, then you will have to submit a valuation request via HDB resale portal. Bank private valuation will not be accepted.

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305. I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
9748 6305
PropNex Realty Read More

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