Consistency Of Valuation Reports

[Consistency Of Valuation Reports]

Hi,

Thanks for the sharing. Is there any means of counter validating the valuation report that was done up by a company?

[Hdb 4 Room Valuation At 490k?]

A 4-Rm HDB at Bishan was actually valuated at 490k. Do your think that it is too high? considering that it is only a 4-Rm but high level and the fact that, the area has no lack of amenities and it seems to be pretty well located.

Lets share

[Consistency Of Valuation Reports]

Hi All,

Anyone have any idea if there's any standard that needs to abide to when different companies conduct their own valuation reports? Sometimes valuation of a particularly HDB can be extremely high while others may be below market value. Not sure if there may be any tendency where companies may derive inaccurate valuation reports for personal gains when all actually signed off with the statement of "on behalf of HDB". Does it mean that HDB does will literally evaluate and approve all valuation reports drafted out?

For sharings