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Dear Property Buyer/Owner

There are numerous reasons tangible and intangible let me explain in point form

1. Owner asking price is unrealistic and greed factor. Because when there are new development, the older development tend to appreciate not match the newer but closer. Owners who see the new development wants to up to the same as new development

2. MRT lines coming up

3. Valuation is base on last transacted price and depends on many factor like: lease hold, freehold, high low floor, size, furnishing, location and even the blk and facing.

It really depends, either you buy the inflated prices and help other owners to up their prices means new buyers will benefit becasue they pay lesser in cash.

So call me and let me help you look for better investment opportunity.

I will send you listings first and we see what we can move on from thereon.

SMS me at 96722265  your name, email and I will follow up with you within the next 1-3 days. Read More

Hello Confused,

Basically during a bullish market, it is a common sight to have such a discrepancy between the valuation price and the asking price. The fundamental value of the property is still trying to catch up with the rising market prices.

The bank indicative value is based on comparative method of properties that has been transacted.

There are also other elements that you need to look into, for eg, escalating market prices whereby sellers are pricing in on the future price and other intangible factors like future shopping mall or transport infrastructure...

So, to address this problem, you will probably have to scout for a more aggressive banker or engage an agent who is able to effectively narrow down the gap for you.

Do let me know if I am able to assist you in your purchase. Thank you.

Best Regards
Dalen Chee
email : dalenchee@gmail.com
mobile : 9695 2550 
web : www.96952550.com Read More