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The S&P process needs careful and confident planning in financial, timeline and checklist especially HDB, CPF, bank and lawyer etc. Recently my client 'suddently' bought a dream condo while 'holding on' to a HDB flat. They needed the extra 'funds' for the condo. Hence, after a series of planning, discussion and deliberation, they finally decided to sell their HDB unit. Engage an agent if you expect a consistent S&P process. The stress relief effort is enormous and the commission is insignificant. Check this site: www.catherinepang.com Read More

Hi Owner,

Valuers are independant parties authorised by the HDB to carry out valuation for HDB and there are several factors for consideration in terms of coming up with the magical figure. Of course, the most important aspect of the consideration would be the condition of the unit and the extent of renovation done by the owner. They will reference against the recent transacted price in the area as well as past transacted price for similar units to come up with the final value of your unit.

My advise to owners is to work out a final selling price based on your outstanding loan, CPF utilised with interest and any other fees to be paid like upgrading and resale levy together with your expected sales proceeds before refering to the recent transacted price and see if it is realistic. If I can be of any help to you, feel free to contact me further. Last but not least, I'd estimate the valuation for your mentioned unit to be about $320k. Do not take my estimate to be the final figure as it really depends on several factors.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg
ECG Property Pte Ltd - A Boutique Real Estate Company Read More

Hi Owner,

Valuers are independant parties authorised by the HDB to carry out valuation for HDB and there are several factors for consideration in terms of coming up with the magical figure. Of course, the most important aspect of the consideration would be the condition of the unit and the extent of renovation done by the owner. They will reference against the recent transacted price in the area as well as past transacted price for similar units to come up with the final value of your unit.

My advise to owners is to work out a final selling price based on your outstanding loan, CPF utilised with interest and any other fees to be paid like upgrading and resale levy together with your expected sales proceeds before refering to the recent transacted price and see if it is realistic. If I can be of any help to you, feel free to contact me further. Last but not least, I'd estimate the valuation for your mentioned unit to be about $320k. Do not take my estimate to be the final figure as it really depends on several factors.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg
ECG Property Pte Ltd - A Boutique Real Estate Company Read More

Evening,

The current estimated value of your unit is around $320k. The valuers work the valuation based on the previous transacted pricing, of the same size, level and cluster of units.
They would not value your unit using smaller sized units as it would not be apple to apple kinda comparison.

FYI
Mike Lim
 96929209 
ERA Read More

Dear Mr Owner,

I had just transacted a 83 Sqm 3 room flat at Hougang, Value of the Flat is $34Xk and transacted at $37Xk.

Feel Free to give me a call if u need more enquries.

Thanks and Regards,

Peter Toh
 9663 9933 
DWG Senior Group Director
CEA No. R018478D Read More