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Asked by TL 9 Jul 2013

Hi, since cov is not valid for private property, how does the valuation affects my purchase? Will bank grant 80% LTV loan base on the purchase price or valuation price?

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Aaron Chong · Answer 1 · 2013-07-10T10:57:13+08:00

Aaron Chong

Replied 10 Jul 2013

Hi TL

Bank will grant you 80% of the loan base on the valuation. But different banks will offer you different valuation rate of the unit.

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

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