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Contacted few agents from Guru but all said it is impossible to get a flat at valuation because all sellers asking COV, I was told that some owners even asking for $50K on top of valuation just because of the location or the renovation nicely done up. So... is it means that in future those that without hard cash in hand will not be able to buy a flat in Singapore (if not eligible to buy direct from HDB)?
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1 Answer

J.A. Goh 吴永益
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Hi Jane,

It is not impossible to get a house at value, but it depends much on location and floor level. But house selling at value will be very minimum. Unless you are willing to pay minimum COV or low COV, is still possible, then you will have more choices.

Put yourself in shoe of seller or you are selling your flat in future, do you want to sell with COV? or sell at value? So is the same mindset.

With a good location and done up unit, paying a certain COV might still be worthwhile than spending huge amount on renovation.

Please feel free to drop me an email or call me directly for further discussion.

Thanks & Best Regards
J.A.Goh - ERA
HP: 9639 0350 
www.gohjaERA.myweb.sg
Email: gohja@singnet.com.sg Read More
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