As there are minimal transactions in the same project and vicinity, would encourage you to get a professional valuer opinion. The last transaction at Rising Court was a 133sqm unit for 1.2mil at Nov 2014, hence this could be a guide. Thanks and may I understand your requirements further so to further assist?
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As my colleague has advised, due to the lack of transaction activities, a professional valuer opinion will add value. However, having said that, to ascertain a rough value, I would need to have a physical look at your unit, study the recent up to date transaction caveats of similar sized units in vicinity and hence, present a sales and elevation report to advise further.
In this weak market, you would require an extreme level of professionalism and high knowledge level to help your property attain maximum exposure and reap a profitable purchase price. Furthermore, a preliminary non obligatory discussion would allow me to shed some light on my working style and comprehensive marketing strategies to get your unit maximum exposure through the various mediums and more. You can always view my website to asses my recent high levels of Awards and Testimonials!
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Normally for a seller, you can obtain valuation on your private property by paying a minimal fee to obtain a formal valuation but usually bank indicatives will be sufficient.
Probably you can share more information about your unit so I can check with my bankers.
I might have an interested buyer which I can swing over from my walk up apartment along Jalan Senang.
Hope to hear from you soon!
YT TAN 陈永达 | ACCA Graduate, RES
Vice President (Agency)
Property Avenue Pte Ltd
Estate Agent no. L3010650D
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Best is to seek banker for a estimated valuation. To assist and advise you more, kindly drop me an email with your property details so I could get my banker for a estimated valuation.
I can be contactable at my mobile or email.
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It will be useful to get an indicative bank valuation before you start to market your unit.
Can I get my panel of local bankers to assist you? Kindly contact me!
Nick Tan +65 9644 4854
Property Avenue Pte Ltd
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We did a sale for Crescendo Park which is a fairly old project under 3 weeks and are currently marketing a 3 bedroom apartment in Cannaville which is fairly old too. As data of older projects are not easily available, the estimated value of the property will not be accurate. Depending on its condition, you could probably get somewhere about $900psf. If unit has been well renovated, $1000psf is likely achievable. I do have clients who are looking at old projects with big build in area especially so if it is a ground floor unit as they are downsizing from their semi detached home in Frankel Avenue.
Do let me know if we have the opportunity to bring this discussion to a higher level. Thanks.
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