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Hi, nope it is not counted. You as a buyer has got to apply for a fresh valuation. Pls feel free to let me know if you need any assistance.

Regards
Aaron
 97308455 
aaronchong2774@yahoo.com.sg Read More

Valuation has a 3 month validity. If the report date is within the 3 month validity, it is still valid. I am unable to advise if the sellers are willing to sell 50k below valuation as different places command different prices and sellers also have their considerations and reserve prices. Even for buyers, there are also different considerations such as IPA/HLE, ethnic quota, upgrading costs, misc cost and other factors. Engaging a good and professional real estate salesperson will ensure that you interest is covered. If you need any assistance, do give me a call @ 81613790  or email me: propnex@me.com. Rgds Philip Chong, Associate Team Director, Singapore Accredited Mortgage Planner, PropNex Realty Pte Ltd Read More

Evening,

Based on the new ruling, if the valuation is still valid, buyer can opt to use the valuation report that the seller have done choose to request for a valuation after the OTP have being signed. As to selling $50k below value that would depend on which estate the unit is in and case by case basis.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA Read More

Dear buyer,

My team has transacted several cases with below COV, the latest being a 3room flat in Bukit Batok for $40k below value. Most such cases are for units where the sellers are first owners of the property or sellers who have already made their purchase to upgrade or downgrade therefore in a die die must sell situation. It will be good to engage the services of a salesperson to assist you in negotiating for a good price in your interest. As to your first question, if the valuation report has been done prior to the latest HDB announcement where valuation can now only be done after the deal has been sealed, the valuation report can still be valid (a valuation report validity period is 3 months in this case from date of report).

Let me know if my team of HDB resale consultants can be able to assist you.

Regards,

Geryl LIM
Real Estate Director
Masters Of Real Estate (L3010548F)
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com
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