Asked by Kim
How do I obtain a valuation report for my property? How much does a valuation cost?
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3 Answers
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There are several ways to obtain a valuation report for your property in Singapore, each with varying costs:
1. Online Valuation Tools (Free):
PropertyGuru, 99.co, and SRX offer free online valuation tools that provide an estimated value based on recent transactions and property data.
These are a good starting point for a quick estimate.
Opens in a new window
www.propertyguru.com.sg
PropertyGuru valuation tool Singapore
2. Bank Valuation (Free or Low Cost):
If you're an existing bank customer, you can request a property valuation from your bank, often for free or a nominal fee. This is typically done when applying for a mortgage loan or refinancing.
3. Professional Valuation (Paid):
Engage a licensed valuer from the Singapore Institute of Surveyors and Valuers (SISV). They will conduct a thorough assessment of your property, taking into account factors like location, size, condition, and recent transactions. This is the most accurate valuation method but also the most expensive, with costs ranging from S$400 to S$1,500 or more depending on the property type and complexity.
Cost Breakdown:
Online Valuation Tools: Free.
Bank Valuation: Free for existing customers, a small fee for non-customers (usually under S$100).
Professional Valuation: S$400 - S$1,500 or more.
Choosing the Right Method:
The best method for you depends on your purpose:
Quick Estimate: Online valuation tools are sufficient.
Mortgage/Refinancing: Bank valuations are usually accepted.
Legal Disputes or Official Purposes: A professional valuation is required.
Tips:
Get Multiple Valuations: Consider getting valuations from different sources to compare and get a more accurate picture of your property's worth.
Choose a Reputable Valuer: If opting for a professional valuation, choose a valuer with a good track record and expertise in your property type.
Ask About the Valuation Method: Understand the methodology used by the valuer to ensure it's appropriate for your property type and purpose.
I hope this helps!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
1. Online Valuation Tools (Free):
PropertyGuru, 99.co, and SRX offer free online valuation tools that provide an estimated value based on recent transactions and property data.
These are a good starting point for a quick estimate.
Opens in a new window
www.propertyguru.com.sg
PropertyGuru valuation tool Singapore
2. Bank Valuation (Free or Low Cost):
If you're an existing bank customer, you can request a property valuation from your bank, often for free or a nominal fee. This is typically done when applying for a mortgage loan or refinancing.
3. Professional Valuation (Paid):
Engage a licensed valuer from the Singapore Institute of Surveyors and Valuers (SISV). They will conduct a thorough assessment of your property, taking into account factors like location, size, condition, and recent transactions. This is the most accurate valuation method but also the most expensive, with costs ranging from S$400 to S$1,500 or more depending on the property type and complexity.
Cost Breakdown:
Online Valuation Tools: Free.
Bank Valuation: Free for existing customers, a small fee for non-customers (usually under S$100).
Professional Valuation: S$400 - S$1,500 or more.
Choosing the Right Method:
The best method for you depends on your purpose:
Quick Estimate: Online valuation tools are sufficient.
Mortgage/Refinancing: Bank valuations are usually accepted.
Legal Disputes or Official Purposes: A professional valuation is required.
Tips:
Get Multiple Valuations: Consider getting valuations from different sources to compare and get a more accurate picture of your property's worth.
Choose a Reputable Valuer: If opting for a professional valuation, choose a valuer with a good track record and expertise in your property type.
Ask About the Valuation Method: Understand the methodology used by the valuer to ensure it's appropriate for your property type and purpose.
I hope this helps!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
----------------------------888--------------------------------888--------------------------->>>
"If you need more assistance with property matters:
like renting / selling, buying / or investing, I'm here to help!
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )
(***) You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.
For buyers, I offer solutions for sourcing resale and new private homes at no charge.
I can connect you with reputable bankers for private housing loans free of charge and with no obligation.
I also have partners to assist with mortgage home insurance matters.
Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份） :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!
*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.
From: ABLE Toh- Your Property ASSISTANT : ）
“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”
XXXXX The End XXXXXXX Read More
I would be glad to assist you.
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More
Feel free to contact me at wa.me/6597100155
Hope to hear from you soon.
Pei Mobile: (65) 9 7 1 0 0 1 5 5.
Email: peicheng.tan@propnex.com
Associate Group Director
Propnex Realty Pte Ltd Read More