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How do you determine real valuation of a property when there are minimal resale transactions? Like Eleven @ Holland. Seems like it’s recently flooded with cheap sale of units from the association (owns 10 units) which artificially bring down the valuation price.
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5 Answers

Dear sir/madam,

It really depends on what do you want the real valuation of property for. Are you planning to sell the property? If you do plan to sell the property, then am afraid it is determined by market forces where supply and demand plays a huge part in affecting the final price transacted. If you are planning to do some refinancing or for other reasons, you can pay for a formal valuation to be done.

Warmest regards,
Geryl Lim
Associate Deputy 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 
www.geryllim.com
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Hi, I would be most glad to assist you further and pls feel free to let me know if you need any assistance. Have a good day ahead.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Hi Sir/Madam

I will be glad to assist to check with valuer
Appreciate if you can contact me at (65) 96608508  or Silviayang8@gmail.com with details of your unit
or click here https://bit.ly/WaSilvia to whatsapp me for no obligation discussion
Thank you.

Warmest regards,

Silvia Yang

Senior Marketing Director
ERA Realty Network Pte Ltd
Mobile: (65) 9660 8508 
Email: Silviayang8@gmail.com Read More
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Hi,

I would be most glad to assist you further and please feel free to let me know if you need any assistance. Have a good day ahead. By the way, yes you are right. Recent valuation prices would include recent transactions that are sold in the same condo and within the premises.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More
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Robbie Chen Chee Howe
Hi,

There is no such thing as Real Valuation. Valuation is not Math, and there is no fixed figure attached to it. Valuation is an Opinion on the property by a professional Valuer.

And professional Valuers can have very different opinions when assessing a property. You cannot expect all Valuers to come up with the exact same Valuation for a property, as no one in the world has the same brain and thinking.

I am experienced and well-versed in private transactions. I will be able to assist you. Please get in touch with me for a more in-depth discussion on your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More
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