Dear Ms Shailaja,
Kentish Court is a 99years leasehold project with 77 apartment units with lease beginning from 1995 located in District 8. There were a total of 3 resale transactions since year 2019 with the transacted price per square foot basis between $929psf to $993psf.
Due to the low transaction volume within the project itself, transactions in the neighbouring projects like Kentish Green (2 transactions in 2019 @ $902psf and $911psf) as well as Kentish Lodge which is a project 1 year older than both Kentish Green and Kentish Court, where there were a total of 6 resale transactions clocked in since 2019 with price ranging from $832psf to $1032psf, will likely be taken into consideration for an indicative valuation to be formed for the unit in consideration at Kentish Court.
Depending on the level of unit, a generic indicative valuation can be obtained at the following link bit.ly/UrHomeMatters. The indicative valuation is derived based on the similar transactions I have mentioned where it averages out the pricing and has no consideration of the conditions of the unit.
It is important to take note that bank indicative is simply a reference figure in mind during a transaction and does not necessary mean that a property should be transacted at this figure. At the end of the day, it is the perceived value between seller and buyer that matters, and whether they are able to come to an agreement to the final transacted price.
I hope the above can sufficiently explain and address your question. Should you require further assistance, feel free to get in touch with us for a private discussion, since we are unable to reach you directly via this thread.
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Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main]
+65 6471 8888
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+65 92787772
www.geryllim.com
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