Asked by Ms Ooi
how much is the COV for 5 room HDB flat near Yew Tee MRt?
1186 views
2 Answers
Hi Mrs Ooi,
There is no standard guideline on what is the COV for what type of unit.
In honesty, what Frankie has mentioned can be taken as a rough guide but never a standard to consider. A beautiful unit maybe sold at low COV simply because the seller is looking to exit fast, perhaps already bought another unit and need the cash upfront faster or migrating to another country. There are also other units with very original conditions selling at higher than expected COV simply because buyer is buying for some very personal reasons which maybe sentimental value or convenient location to their lifestyle, therefore COV is not a science but an art where there is no explanation, simply because whatever the condition of the house is in, the valuation would have already considered that.
With this in mind, my team of dedicated salesperson have designed a checklist which we share with our clients on certain points to look out for prior to valuation in order to try and get the best possible valuation price.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
There is no standard guideline on what is the COV for what type of unit.
In honesty, what Frankie has mentioned can be taken as a rough guide but never a standard to consider. A beautiful unit maybe sold at low COV simply because the seller is looking to exit fast, perhaps already bought another unit and need the cash upfront faster or migrating to another country. There are also other units with very original conditions selling at higher than expected COV simply because buyer is buying for some very personal reasons which maybe sentimental value or convenient location to their lifestyle, therefore COV is not a science but an art where there is no explanation, simply because whatever the condition of the house is in, the valuation would have already considered that.
With this in mind, my team of dedicated salesperson have designed a checklist which we share with our clients on certain points to look out for prior to valuation in order to try and get the best possible valuation price.
Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565
Email: lim.geryl@yahoo.com.sg Read More
Hi,
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More
Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7
Welcome owner/Landlord to list through us
Questions ..
SIBOR / SOR – FLOAT RATE LOAN
Mortgage Calculations
Repayment Calculations
Difference Between HDB n Bank Loans
Home or renovation Loans
Property Tax
hdb resale checklist
Getting a BTO Flat
Getting a licensed contractor hdb
Tenancy Agreement For renting or rent out a house
home insurance coverage - HDB Fire Insurance
What is OTP ?
Shalom
Regards
Koh Z H
hp- 8 2 7 9 8 3 2 7
Cea Reg - License Number - R 0 5 7 8 1 0 C
Orangetee - L 3 0 0 9 2 5 0 K
AAG
All welcome Read More