Roflmaoxz 0 Report post Posted July 15, 2010 Hi All, need advise here. I intend to sell my HDB flat. But before that, I will like to do a valuation on my flat to gauge the est. selling price before selling. My question is, can I request a HDB-appointed valuer to perform a valuation on my flat before I intend to sell? Must I pay for the valuation report in cash? Thank you. Share this post Link to post Share on other sites
bepgof 20 Report post Posted July 15, 2010 (edited) Hi All, need advise here. I intend to sell my HDB flat. But before that, I will like to do a valuation on my flat to gauge the est. selling price before selling. My question is, can I request a HDB-appointed valuer to perform a valuation on my flat before I intend to sell? Must I pay for the valuation report in cash? Thank you. Yes, you can. Rpt out abt 2 wks later. $180, cash or cheque. Rpt valids for 3 months only. Best to clean & tidy up house during valuation. Edited July 15, 2010 by bepgof Share this post Link to post Share on other sites
sff 0 Report post Posted July 15, 2010 Hi All, need advise here. I intend to sell my HDB flat. But before that, I will like to do a valuation on my flat to gauge the est. selling price before selling. My question is, can I request a HDB-appointed valuer to perform a valuation on my flat before I intend to sell? Must I pay for the valuation report in cash? Thank you. Yes, you can. Pay online also can. $170.50 if do online. When you found a buyer, just ask them to reimburse u. That's what I did. Share this post Link to post Share on other sites
GoalHome 1 Report post Posted July 15, 2010 Buyer will only reimburse the valuation report provided he needs it for loan application. If the buyer is paying full in cash and cpf, he can do without the valuation report. Share this post Link to post Share on other sites
therat 18 Report post Posted July 15, 2010 Buyer will only reimburse the valuation report provided he needs it for loan application. If the buyer is paying full in cash and cpf, he can do without the valuation report. use CPF also need the report. B'coz CPF only can use to pay the valuation price. The only chance don't require the report is, you pay all in CASH Share this post Link to post Share on other sites
GoalHome 1 Report post Posted July 16, 2010 A friend bought an HDB using cash + cpf, don't need valuation report. Maybe because the bulk is paid in cash, only a small portion is through cpf. If it is a clear cut case of using low cpf amount, then likely valuation report is not required. Share this post Link to post Share on other sites
therat 18 Report post Posted July 16, 2010 A friend bought an HDB using cash + cpf, don't need valuation report. Maybe because the bulk is paid in cash, only a small portion is through cpf. If it is a clear cut case of using low cpf amount, then likely valuation report is not required. may be. My HDB also using cash + CPF but HDB officer ask for valuation report. Share this post Link to post Share on other sites
bepgof 20 Report post Posted July 16, 2010 (edited) A friend bought an HDB using cash + cpf, don't need valuation report. Maybe because the bulk is paid in cash, only a small portion is through cpf. If it is a clear cut case of using low cpf amount, then likely valuation report is not required. No loan therefore needs no valuation report lah. However, to activate CPF amount for residential, need to submit form. Yr friend's cash or OA must be par par, can be-friend. Edited July 16, 2010 by bepgof Share this post Link to post Share on other sites
Plastic3 0 Report post Posted July 17, 2010 Hi All, need advise here. I intend to sell my HDB flat. But before that, I will like to do a valuation on my flat to gauge the est. selling price before selling. My question is, can I request a HDB-appointed valuer to perform a valuation on my flat before I intend to sell? Must I pay for the valuation report in cash? Thank you. Hi, If you have already decided to sell, like all the others have replied you can get a proper valuation done through HDB. If you are unsure whether to sell or not & want to save the $180 for valuation, you can just find out the valuation of the surrounding flats around yours...the valuation is usually quite similar, renovation only plays a small part in valuations... Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted July 27, 2010 Hi, If you have already decided to sell, like all the others have replied you can get a proper valuation done through HDB. If you are unsure whether to sell or not & want to save the $180 for valuation, you can just find out the valuation of the surrounding flats around yours...the valuation is usually quite similar, renovation only plays a small part in valuations... Tks Plastic3 for the reply. I can roughly get the completed transaction price thru' HDB website. As for the valuation, it seems that there is not much fluctuation right, mainly because it is the COV that is driving the price upwards. You are right on the "reno part". I have done a valuation report on my flat few years back, the valuation is @ xxxk, after some minor furnishing, a new coat of paint and a new system 3 aircon, the valuation increased by only xxxk + 5k. So reno only plays a small part in valuation. Share this post Link to post Share on other sites
Plastic3 0 Report post Posted July 27, 2010 Tks Plastic3 for the reply. I can roughly get the completed transaction price thru' HDB website. As for the valuation, it seems that there is not much fluctuation right, mainly because it is the COV that is driving the price upwards. You are right on the "reno part". I have done a valuation report on my flat few years back, the valuation is @ xxxk, after some minor furnishing, a new coat of paint and a new system 3 aircon, the valuation increased by only xxxk + 5k. So reno only plays a small part in valuation. Welcome Valuation does increase, but it is more gradual.... I have seen many units nicely renovated but the valuation obtained is just slightly more than units that are not renovated in the same area, so I don't see any point in renovating in the hope of increasing valuation.... I post up some valuations & average resale prices in my blog every month: http://markdwg.wordpress.com/category/real...-estate-reports Also just did a comparison chart of average PSF$ of Condos from 2000-2010 Q1 if anyones interested: http://markdwg.wordpress.com Share this post Link to post Share on other sites
Roflmaoxz 0 Report post Posted July 28, 2010 (edited) Welcome Valuation does increase, but it is more gradual.... I have seen many units nicely renovated but the valuation obtained is just slightly more than units that are not renovated in the same area, so I don't see any point in renovating in the hope of increasing valuation.... I post up some valuations & average resale prices in my blog every month: http://markdwg.wordpress.com/category/real...-estate-reports Also just did a comparison chart of average PSF$ of Condos from 2000-2010 Q1 if anyones interested: http://markdwg.wordpress.com Plastic3, well written guide you have in your blog. You working in DW group? My sis and her hubby was in DW group also. I do not know whether they are still in there or not. Edited July 28, 2010 by Rof|maoxz Share this post Link to post Share on other sites
Plastic3 0 Report post Posted July 28, 2010 Plastic3, well written guide you have in your blog. You working in DW group? My sis and her hubby was in DW group also. I do not know whether they are still in there or not. Thank you. Yes, I'm with DWG, it's good you have family members who are Agents....can get a lot of information from them Share this post Link to post Share on other sites
bepgof 20 Report post Posted July 28, 2010 (edited) Thank you. Yes, I'm with DWG, it's good you have family members who are Agents....can get a lot of information from them Jonathan(husband), Whelene Loh(Wife), Xynde Goh, Jack Seow still there? Edited July 28, 2010 by bepgof Share this post Link to post Share on other sites
Plastic3 0 Report post Posted July 30, 2010 Jonathan(husband), Whelene Loh(Wife), Xynde Goh, Jack Seow still there? Hi bepgof, Whelene Loh still here....the rest i'm not sure.... Share this post Link to post Share on other sites
