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I have a unit at Wharf Residence. Question to all gurus specialising in D9; River Valley. Other new/ exisitng developments in the vicinity of wharf residence are transacting at higher psf; bank valuation also supports higher psf, however the rencent transacted price appears not to be the case (10-15% lower than what it is suppose to command). Would any Gurus have an insight to explain this?
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2 Answers

Lee Chun Peng Adnic
Replied
Hi Gary,

Most likely it is not yet TOPed therefore it commands lower prices. For investors, they will
prefer those property with rental income. For owner occupier they need a home ready to move in.

Lately the market has seems to cool down
a little. As for the higher bank value and recent transacted price, it is not easy to explain by typing. Appreciate if you can contact me at 96722265  to discuss more. Read More
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  • GC
    Replied
    Wharf has not TOP and other development (e.g. vivace) has not TOP but are transacting way above Wharf 2000psf. The Banks valued my unit markly above transacted price at around 1600-1700 psf. Indulge me with your analysis (summarised) be interested to know.
Landon Chew
Replied
Hi, hopefully you managed to get your doubt or query answered. If, so then congrats! Hopefully you are doing well now.

If you are currently or planning to find a property agent, I can assist.

If you are interested in prices of houses in your neighbourhood, you may visit this website to find out more or contact me .

https://www.era.com.sg/R064892F

If you are currently planning to go on a property journey selling/buying/renting/investing, I can be of assistance. Do feel free to reach out to me for more queries and assistance.

Landon Chew
97 39 60 40
landonchew@email.com Read More
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