4 Answers

Ivan Ng
Hi,

Yes its possible to engage valuers to do an independent valuation at your own cost. But do note it will NOT can can't be used for the eventual transaction as HDB only recognizes the valuation report applied by buyers with valid OTP. Ie. It will be valued again by another hdb randomly appointed valuer once buyer applies with valid OTP.

What it means is that your independent valuation only gives you an estimate of what to work with and market. Whether that helps to secure a better price is not always guaranteed.

May I have more info and requirements about your plans so to make better recommendations? Thanks and look forward to value-add to your housing plans.

Warm Regards,
Ivan Ng ERA ASAP
(ASk Anything Property)
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YT Tan (陈永达)
Good morning seller,

You can engage a valuer to value your unit before sale but do take note that this valuation will not be deemed valid for the transaction. At the end of the day, HDB will only recognise the valuation applied by BUYERS.

By the way, will you be keen to find out more about your property valuation through an application?

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Geryl Lim
Dear sir/madam,

I believe you should have gotten the answer to your question by now, but I am just curious why would you like to arrange a valuation done in this instance?

Is there a concern which we can assist in addressing? Feel free to get in touch with me via email or mobile as we will not be alerted to any responses posted on this thread.

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Regards,

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Robbie Chen Chee Howe
Hi,

You are free to engage a private valuer to assess the valuation of your HDB flat. However, this is just to give you an indicative valuation of your property.

For HDB transactions, HDB will only honour the valuation done by their appointed valuer, upon the issuance of OTP. They will not take into consideration your appointed valuer's valuation.

In my opinion, there is no need to spend the money on this, especially with the transparent data that is available so easily. Also, valuation changes with time, your valuation done last month will probably be different in a month's time.

Should you need any 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
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