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Hi

House valuation is done by a valuer. Which is essential in calculating the loan for buyer.

Normally seller would get estimated selling price around the vincinity from agent, but that is not valuation, but base on transaction data. You will still have the option of setting your own selling price.

Hope that helps

Shawn
 90294371 
ERA Read More

Hi there,

Valuation is done by a licensed professional valuer and the price is almost or less within the bracket of expectation - taking into unit condition and attributes as well as surrounding vicinity transactions. Your agent would prep you before hand with all the up to date transactions in your block and surrounding vicinity.

Would you require assistance in the sales of your unit? If so, perhaps you could share more details on your end for me to churn out a more comprehensive, exact and thorough financial calculations with exact figures to chart your proceeds. Furthermore, I would be able to share more on the varied marketing strategies and mediums through which your property will get maximum exposure as well as study the recent up to date transaction caveats of similar sized units in the development & surrounding vicinity and hence, present a sales and elevation report to advise further. I have transacted a EM unit in Bishan at Record Price and it was published in the Newspaper (Available on my website).

Sometimes, it is not limited to just arranging viewings or qualifying buyers, but more of a professional who will guide you on your financial sums ( amalgamation of sales proceeds and CPF return) etc, plus handle all the associated paperwork. In addition, it will be best to understand more on the market insights as well as for me to run through the overview procedural framework.

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D Kumar
 +65 96659926 
ERA Associate Division Director

#1 team of ERA in Singapore, Asia Pacific International for 2014/5/6/7

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Hi, are you referring to HDB or a private property?

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

Valuation is done by HDB (if it's a HDB flat), or the bank's valuer (if taking a bank loan for private property).

Agent, Seller or Buyer do not have a say in what the Valuation is.

May I know what's your concern?

Should you need any 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 and your partner in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

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.

We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value.

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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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Hi

Valuation is done by the valuer. The agent provides you a guiding price to decide. For residential properties, most valuers use a comparative method which broadly is based on demand.

Should you have further questions, you may write to gavin.ng@orangetee.com.

Regards

Gavin Read More