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I notice that HDB units meant for non-Chinese tend to be valued less and marketed at low COVs. For example, I know of a unit in a mature estate asking for a purchase price below valuation when nearby units are asking and fetching good COVs. In your view, is this a case of unfairness to ethnic minorities or true reflection of market forces?
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Geryl Lim
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Dear Michael, I beg to differ on that opinion formed about lower valuation obtained for a unit that is ineligible to sell to ethnic Chinese. It could be a one-off experience for you. I have personally marketed a similar property in Toa Payoh which has a higher valuation that the neighbour who is eligible to sell to ethnic Chinese but mine not. The challenges here is the final transacted price by a buyer as the pool of buyers reduces significantly for such units and will be likely a big bargaining point by buyers who makes an offer. Regards, Geryl LIM Real Estate Director Masters Of Real Estate (L3010548F) CEA Reg R014783H Mobile: +65-81577565/+65-92787772 Email: geryl7772@gmail.com https://www.facebook.com/propertyblogshop https://www.facebook.com/media/set/?set=a.297043923770884.1073741832.284747148333895&type=1&l=90fca1674e M.O.R.E Landed Dynamic Alliance - www.DAG.com.sg Home of *7772 Hotline Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ "Landed 7772" in Mobile Apps Store or Play Store now! **Aspiring to be your preferred partner in real estate** We have successfully concluded our Landed Homes Sales Exhibition on 22/23 February 2014. Huge thanks to our clients, we managed 3 transactions and 5 listings, registering more than 100 guests for the event.  If you are looking to buy a landed home or looking for a landed home buyer, we have the solutions for you. Royal Wharf, London.  A new prime waterfront township in central London awaits your attention.  An excellent opportunity for investment in an ideal location on the River Thames in central London.  Register your interest as soon as possible for your exclusive invitation to our exclusive event. https://www.facebook.com/media/set/?set=a.372619176213358.1073741861.284747148333895&type=1 Interested in other international projects?  We have MORE opportunities for you.  From neighbouring Malaysia to Philippines, Australia, France and US, we have these great opportunities for your investment.  Call us to find out MORE! Read More
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Koh Zhen Hon
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7 - Whatsapp / Call / SMS

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