Asked by Anonymous
Hi,
I've signed option to purchase for a unit at 842C Tampines St 82 at a price close to $700K. After valuation by HDB, it is found out that the value of the unit is only worth $660K. So, the seller has asked for $40K above valuation. This unit that is not near to any MRT but is next to a school.
I am keen in the unit but feel that the unit is overpriced as the asking price is $40K above the valuation price and this amount need to be paid by cash.
Any recommendations on how I can solve this? Keen in the unit but too much to pay for the unit.
Thanks.
I've signed option to purchase for a unit at 842C Tampines St 82 at a price close to $700K. After valuation by HDB, it is found out that the value of the unit is only worth $660K. So, the seller has asked for $40K above valuation. This unit that is not near to any MRT but is next to a school.
I am keen in the unit but feel that the unit is overpriced as the asking price is $40K above the valuation price and this amount need to be paid by cash.
Any recommendations on how I can solve this? Keen in the unit but too much to pay for the unit.
Thanks.
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