AskGuru Q&A Community

Afternoon,

The estimated valuation for your unit should range from $515k to $530k. The possible COV asking is around $55k to $75k.

Do feel free to contact me if you require further assistance.

Regards
Mike Lim
 96929209 
ERA Read More

Dear Iceblue,

The latest transaction for a 5 room unit at your vicinity is at Blk 30 low floor transacted at $540k in Oct 2011, this is also the highest transaction.

Therefore, you should expect your valuation to be approximately $540k. There should not be any problem getting $50k COV if your condition is tip top.

You may want to take this as a guide.

Feel free to contact me if you need an agent to assist in your selling, I will be glad to share with you my marketing plan.

Thanks and Regards
Johnny Goh
R018297H
Group Director
DWG Ace Division
Dennis Wee Realty Pte Ltd
Mobile: 90906267 
Email: johnnygohmh@dwg.com.sg
Website: johnnygohproperty.com Read More

Hi iceblue,

Notice that we are only able to feed you information about the last trransacted price for a similar unit in your area and as there are very few available units selling, there is not much information we can reference upon. In addition to that, no 2 units are the same therefore it will also be not advisable to compare against these data.

Given that your unit is in tip top condition, I am sure that you have some idea on what should your COV asking be, but let me reiterate that COV asking should not be your consideration, but the final selling price, since it is the final selling price that determines what your final cash proceeds, to help in your financial planning. I can achieve $100k COV for you but what happens if it is still a negative sale. It is more advisable to work on a final selling price first and work backwards, as it is important to do your after sales plan.

My team of dedicated salesperson with accumulated years of experience in the real estate industry will be glad to assist you especially so when they are operating around the estate, and it will be more appropriate if we can make an appointment to meet up for discussion and address any concerns which you may have.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More

Good day Iceblue,

Sales proceeds depends on the sales prices less outstanding mortgage, cpf contribution and other miscellaneous fees.

From your description , I would be excited to market your property and set a record transaction.

Cheers,
Victor Ho
ERA Realty Network Pte Ltd
 9858 6078  Read More