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I am doing Resale of Part-Share purchase from my siblings, they provided a property report from his agent and rushing to proceed. Is there anyway that the property report have chance that it is mark up? Given i noticed that alot of the transactions in the report are 4 ROOM Model A (104sqm) and mine is 4 ROOM Simplified (84sqm)....
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6 Answers

Hello, feel free to drop me a message and I'll be happy to advise if the valuation is fair. Would be good to protect your interests and also have an agent on your side instead of just relying on your siblings' agent.

Kay Cloud
The Harvard Educated Agent
Propnex Realty Pte Ltd
cloud@propnex.com
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Good day to you.

Valuation reports on any HDB transactions are provided by HDB valuer, specific to the unit's sizing, location, age and level. It can only be obtained after submission of the OTP through the HDB portal.
However, it does appear that you have doubts about the current progress and status. It would be prudent to iron things out with your servicing agent or HDB accordingly, or maybe gather a second opinion, where applicable.

Navigating a property transaction can feel overwhelming, especially when it intersects with major life events.
With over 15 years of experience as a property consultant, my role goes beyond market knowledge — it is to provide clarity, structure, and peace of mind through complex decisions.

I regularly assist clients with sensitive and non-standard situations, including:
• Divorce & Asset Settlement — guiding parties toward fair, practical outcomes for shared properties
• Intestate & Estate Planning — helping families navigate inherited property and future planning with confidence
• Complex Property Matters — including cases involving Lasting Power of Attorney, bankruptcy, or special circumstances

If you’re seeking clarity rather than pressure, I’m happy to have a conversation to understand your situation and outline possible next steps.

Mike Lim
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Hi,

1) The property report is a guide for your consideration.
2) They consolidated all the past transactions of similar type (3-rm, 4-rm, 5-rm, etc) but not down to different model.
3) There are differences, however, dependent on how the alorigthm is written on how it is valuated.
4) Radius of the comparison: different portal use different radius in doing the measurement. For e.g. The HDB is using a 200m radius, SRX is using 500m radius, etc.
5) The algorithm is unable to do valuation when the number of transactions is limited, i.e. low.
6) The algorithm also unable to remove unusual transaction prices; such as too much higher than the market rate, or too low.
7) Most of these programs were written with a lot of untold conditions and assumptions. Thus, the valued prices could be different.
8) Most of these reports were closed to be valid.
9) My suggestion is you could do a manual valuation by comparing the same type (if possible same model, provided sufficient data is available).
10) Since at the end of the day, you will still need to put up a request of valuation from the HDB. You will know whether you are too far off or closed to it.
11) You may put up a 2nd/3rd valuation if the 1st/2nd valuation does not meet your expection upon expire of the 21 days of the OTP.
12) Most of the part-share selling/purchase are conducted between immediate family. There are many reasons behind on what is the ideal price to transact.
13) Choose the one that could meet most of expections to close the deal. Therefore, a careful finance calculation is crucial.

All The Best!!!

Hope the above answers your main concerns, but if there are more queries, please feel free to contact me at 9011*0636 or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
9011 * 0636
ling.ck7@gmail.com
https://www.linkedin.com/in/ckling/
https://agents.huttonsgroup.com/R056727F/ Read More
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Hi Zack,

Since the part purchase involves a significant amount of money, I would suggest that you appoint an independent valuer to determine the fair value of the property. As for whether it is a 4A or 4S unit, you can check the model of the flat. 4A is bigger in floor area and therefore the value is much higher.

Please feel free to contact me if you need any further assistance.

Please feel free to contact me so that I can share with you more about my track records and more importantly the marketing plan and strategies that have enabled me to deliver record-high prices for my clients consistently.
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Nick Tan
(M) +65 96 44 48 54
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pm me to double confirm if valuation is FAIR TO U OR TRYING TO MAKE U PAY MORE UNFAIRLY

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Not exactly sure what report was provided to you, the alternative is either appoint a valuer to do a formal valuation (fee involved) or get another 2 - 3 agents to do up the price feasibility studies to have an effective comparison.

——

I have been in the real estate business since 2009, with more than 15 years of experience serving the Singapore real estate market. Check out the EdgeProp featured article on myself recently at https://www.edgeprop.sg/property-news/geryl-lim-leading-landed-real-estate-heart-hustle-and-harmony

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