hightlighter

It is not a hidden cost at all. Everyone who need to take a loan or need to use their CPF funds need this valuation report to submit to the relevant department. If you don't think there is a need for the report, you can don't pay for it. Not as if you are force to pay. You pay because you need it. Get the diff? Why would seller pay for you? unless you gong gong give them 5k extra, then of cos they jolly well pay it for you. Do u know about other hidden cost like stamp fees, legal fees, caveat fees, fire insurance, HPS etc? U mean you dont know, means dont have to pay now? Buy house such a big issue, never do homework still complain.

You say only mah. TS also don't know who you are. You also not Fed Chairman or Marlboro Tan, your words got no standing at all. haha

What about Smurf and Mask ?

All these information are readily available online (real-time) for people to check. http://services2.hdb.gov.sg/webapp/BB24APPT/WelcomeDate.jsp

In the first place, if a Singaporean age 35yrs who is Single, why would he/she need a bigger than 3 room public housing flat? Single buy 3room with present salary = affordable = so buy Single buy 4 / 5rm with present salary = not affordable = so dont buy. (single need so big space for what?)

All the agents use "NO AGENT PLEASE" , this is to let other agent know that they are targetting to look for seller, not asking another agent to call them. I have seen a really serious looking one , with the buyer's name, nric number attached on the piece of paper (whether real or not only the seller who contact him/her directly can verifed). If you are seriously looking for house, and is a bit thick skin, then the best method is door knock and ask. But seriously, who dares to do such thing other than salesman.

Allow for 3-4months price time-gap if you are referring to HDB website for reference. A unit can be sold today, scheduled for 1st appt at HDB 3 months later, resale approval given another few weeks later, and then the transaction is reflected on the HDB website. Anyway, to the few hundred thousand HDB flat owners in spore, they are more than pleased with the expected/unexpected rise in the value of their flat. Selling things is always based on supply and demand. If there is no demand, there is no way resale flat prices can shoot up.

Not to be selfish, found out two of the contact numbers of agent/owner on the so called "recommended units, just flip saturdays classified and the number is there: Blk 862 EA, Mid-Flr.Valuation-in-progress. Not viewed. hp: 93893139 Blk 910 EA, High-Flr. Valuation-in-progress. Viewed the unit too. hp:82282288

All those blocks/units u had seen, the last transacted price is even lower than the valuation you quoted, no wonder you not keen on paying COV. Understand now.

The agents seems to be biased once you offer to pay him another 1.5%. I wouldn't think he will tell the seller that you are going to pay him 1.5%. Instead he can just convince the seller to sell to you at valuation, collect 1.5% from you, and then another 1-2% from seller. Maybe you would want to state the block and road name,so we have a better guage whether COV is the norm for that block, or you just buying a resale flat paying COV of around 5-8k. (as comm to the agent instead for your case) Anyway an asking/opening price of COV 15k usually can be nego. down to 5-10k (if you are not aware). Thus it comes back to the same thing, just that this time around the COV goes into the agent pocket instead of being declare as COV under HDB.

self promo. or promo for your spouse, close friends, relatives. haha

Who say singles can only buy 3 room flat? Where did you get this wrong information from? Singles above 35 years old can buy any resale room type. (be it 3, 4, 5 room, or even Exe) http://www.hdb.gov.sg/fi10/fi10201p.nsf/WP...me?OpenDocument The only restriction is that for a single who earns more than $3,000 monthly, they have to take a BANK LOAN instead of a HDB loan

Are u sure you can buy? Are u sure u can eligible for the bank loan? Are u sure u eligible for the loan amount? Are u sure u can pay the COV? Are u sure u wont back out last min? Are u sure u wont waste seller's time? Since you want to save agent's comm, means you also on the stingy side? Don't think will have any chance to get Best COV from you. AND if not the best price from you, why bother with u?

Just before 2nd appt, buyer decided to back out of the deal, what do you do? What actions should a seller take in this instance? or Purchase ask for extention of completion suddenly, as their own flat suddenly the buyer back out. or Buyer lose his job before 1st appt, HDB loan was suddenly rejected even though HLE is already out. What is your advice on the above scenario ?

No such clause in the OTP when I read through it twice just now. If there is, maybe you would like to tell us where is it located?

To TS : Please read the article with a pinch of salt. In real life you won't be doing most of the above, maybe you are not allowed to at all by the agents or the seller. If it's a resale flat, just note that wear and tear happens, and nothing is perfect. Even a brand new condo by some well know developer there will tends to be some defect here and there.