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Hi,

Your agent owns you a fiduciary duty to assure you get what you intend to get with your interest at heart. So his advice is definitely valuable.

(1) Valuation value is an objective view on the value of property since it already considered the location, size, recent resale price reflecting current market situation, condition of the property. Thus this should be a fair value.

But buying property is not just an objective consideration, there are emotion factor as well:

(1) How much do you like the property, can that justify a 10% difference in value?

(2) Have you find another property that allow you to have 2nd choice?

(3) Is this a rare property in that area that it would be regret to let go.

(4) Do note that every property is unique and there will never be another property can give you the same feeling, even the 2nd choice property is right next door.

Hope the above answer to your main concerns, but if there are more queries, please feel free to contact me at 90110636  , or email: ling.ck7@gmail.com if more information is needed.
I'll be glad to assist.

Best regards
Ling CK
 90110636 
ling.ck7@gmail.com

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Good morning,

Valuation are the result of comparative market analysis. But this data does not include the scarcity and upcoming development. If your servicing agent is able to justify the asking price, you might want to verify his claim and ensure that you are comfortable to execute the purchase.

Regards
Mike Lim
 96929209 
m52i@yahoo.com
ERA

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Hi, firstly you may like to speak to some bankers from various banks and see if their banks can match the asking price of 2.2m. If not, I suggest you abort this unit and move on to the next one. Pls feel free to let me know if you need any banker’s contact or any other assistance.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

What is reasonable differs between individuals, therefore you need to look into the situation and ask if this is the only unit you like after the entire house hunting process?

If you cannot get this unit at $2m, then what will happen? Are you going to carry on hunting or will you decide to improve the offer?

I have buyers who decide to negotiate with sellers and end up meeting at mid-point. There are just more than 1 way of moving things forward depending on individual's motivation.

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Regards,

Geryl LIM
Associate Marketing Director
Global Alliance Property (L3010679B) - Century 21
CEA Reg R014783H
Mobile: +65-81577565  /+65-92787772
Email: geryl7772@gmail.com

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