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Hi,

It does not matter whether the buyer remain the same or it is a different name for the 2nd set of OTP and the valuation amount could either remain the same as per the 1st round or an increase to another 5 to 10k too.

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

Hi,

Each valuation request is deemed unique, as comparable prices nearby and market sentiment may have changed in the interim, and hence a new valuer will be assigned to assess the property for this 2nd OTP. The next valuation can be lower, higher or same as the previous one. So you have to factor in the risks before deciding whether to do the 2nd OTP.

Warm Regards,

Ivan Ng Realtor
ERA Senior Marketing Director
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Dear sir/mdm,

A fresh valuation request will need to be put up and the valuation that comes back may not be the same. Each valuation is tied down to the serial number of the Option To Purchase, and the valuation will be done based on the latest transactions in the vicinity for comparable units.

I have been in the real estate business since 2009, with more than 13 years of experience serving the Singapore real estate market.

I am very active in the residential segment of Singapore real estate market, having transacted hundreds of deals from HDBs to private condominiums and landed properties in Singapore, and have handled many unique cases in sales and purchases as well as rental deals.

Over the years, I have also established a network reaching out to more than 9,400 expatriates, bringing my market presence to both in and outside of Singapore. This has created an additional exposure when I manage my client's portfolios, on top of the conventional on and offline platforms, where other estate agents are relying on. This has allowed me to consistently convert leads into results.

With an evolving market, where change is the only constant, I have also been investing in upgrading of my knowledge and skills sets to improve myself and meet the demands of current and future market.

We are offering our clients a complimentary first consultation without obligations (Absolutely FREE!). Schedule for your FREE session today!

Warmest regards,
Geryl Lim
Associate Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
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My self introductory video on https://www.youtube.com/watch?v=S_2NydENfx0

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Hi,

1) Each valuation is unique and subject to an individual valuator.
2) The same reference on the latest transactions around the vicinity, unit conditions such as the lighting in each area, water tapes in working condition, materials used in the renovation, etc, are also factors that will affect the valuer's opinion on the value of the unit.
3) It is not the HDB who decided on the price but it is the valuer who is providing the market value of the unit.
4) The HDB will randomly select a valuer from their list. Since there are thousands of valuers in the market, it is unlikely the same valuer will be assigned for the same unit in the same month.

Hope the above answer your main concerns, but if there are more query, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com
https://R056727F.propnex.net/
https://www.facebook.com/Homesellerbuyer

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