All About Property Valuations in Singapore
Property Valuations in Singapore
Why do I need to get a valuation done before I sell my house?
In volatile markets, selling your property based on the latest transacted prices may be inaccurate due to the time lag between the actual transaction and the published transacted prices. Also, most buyers would want to know the valuation or the bank indication of your property to access their ability to purchase your home.
What are the main factors that affect the value of my property?
Tenure
Location
Quality
Proximity to conveniences and facilities such as MRT, market, bus-stops
Surrounding features such as beautiful scenery/landscape
Current demand for the property
How much does it cost to obtain a valuation report?
Generally, a valuation exercise costs from 0.5% to 3% of a property's value. Alternatively, you can contact our EastLiving consultants for a free indicative valuation.
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