HDB Property Prices in Punggol - June 07

[charlotte]

Hi Pinkcoral

Which agency are you from?

Oh & do you know the valuation price for b106?

Finally, regarding valuation report, usually what is taken into consideration?

[pinkcoral]

Hi gals..  the valuation for 5room flats in Punggol is about $310k now.  Amongst others, factors like location, level of unit, renovation as well as recent transacted prices in the area are taken into consideration when valuers ascertain the valuation price of a property.

It costs $180.50 to apply for a valuation.  The valuers will go up to your unit, take pictures and notes about your property, and within 2 weeks, we will receive the report through snail mail.
The validity of the valuation is 3 months.  When your property is sold, the cost of the valuation will be reimbursed back to you by the buyers of your flat.

Charlotte, not too convenient to reveal my company's name here.  But I'm from one of the biggest real estate agency in singapore. 

[charlotte]

oh hee hee,

ok..anyway, thanks for your advice....

base on your expertise, what your advice to people living in this area.....? hold on to the property first?

Cheers

[pinkcoral]

In my opinion, this is a window period of opportunity.  At no other time have we seen prices soaring this high.  As a matter of fact, the margins have already surpassed the benchmarks set during the last property boom a decade ago.

You do have to consider your agenda for selling.  Is it for the money or otherwise?