Dear sir/madam,
The valuation of a property is established primarily for home loan and CPF withdrawal purposes as well as stamp duties. Eventually, it is what a buyer is willing to pay for the property that matters, therefore even if a valuation of a property is extremely high, however the physical environment of the property does not favour most purchasers, we are just like sitting on white elephant, whereas a property has a low valuation but has significant potential or appeals to buyers, there is no qualms that buyers will be willing to pay a premium (above valuation) for the property.
Therefore, whenever I speak to owners, the first indicator I will always look into for owners is the financial plans. A house should be sold only if it meets the financial objectives for the next phase because it does not make sense to be selling at market value but it does not put the sellers in a favorable position for the next purchase or plans. I hope that the above makes sense to you. We can work things out together and establish a feasible proposal for you after knowing more about your intentions. Let's meet up for a non-obligatory discussion.
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Regards,
Geryl LIM
Consultant - Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile:
+65-81577565
/+65-92787772
Email: geryl7772@gmail.com
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