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I like to know the current market practices for private condo in terms of commission % (buyer or seller pays), the need of valuation report, how the premium between selling price and valued amount to be paid and what the maximum amount bank would grant.
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2 Answers

Dear KH,

Seller for Pte properties pays 2% comm.

Valuation report is not not necessary upon point of sale, as we are able to get the banks' indication on the unit itself.
The maximum amount bank would grant, would very much depends on your financial status.

Let me know if I am able to assist in sourcing a unit together with yourself.

Cheerz
Brandon - ERA Marketing Director
HP: 8233.23.23
Email: aw.brandon@gmail.com Read More
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Dear KH,

Thanks for asking. In most cases, Sellers pay for the commission. Buyers generally dont need to pay unless in some rare occasions. (email me for more info at PatOeiCondo@gmail.com)

Valuations are usually arranged by the banks after the purchase, unless buyers pay for it before purchasing.
Indicative Valuations are gotten by me for you when U are interested in any property.

Do call me for free Introduction to Bankers who specialise in Property Loans from all the various banks. It will be great if you speak to them to know how much you should commit.
Many buyers sometimes commit to a property before checking with the bankers and sometimes end up with more than they can.

U will know how much quantum you can lend up to with your present commitments.

If you are selling your property, let me know. will be glad to assist. Will be glad to introduce you some good legal firms that specialises in conveyoncing too.

Feel free to sms or call me at 81 82 1338

regards
Patrick Oei
Group Director
Mind Link Realty
 8182 1338  Read More
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