kellyla 1 Report post Posted November 27, 2010 Hi, I am thinking of selling my flat. Recently, directly in front of my flat, there is some construction started and they are building a new primary school. Can I check if this will affect my valuation price? and if yes approx how much? Because I am not sure if I need to wait for the school to be built then sell? Share this post Link to post Share on other sites
bepgof 20 Report post Posted November 27, 2010 (edited) Hi, I am thinking of selling my flat. Recently, directly in front of my flat, there is some construction started and they are building a new primary school. Can I check if this will affect my valuation price? and if yes approx how much? Because I am not sure if I need to wait for the school to be built then sell? New school takes at least a year or 2, or more to be built and operational. Will take a couple of year to know school's performance whether tokong, so-so, or lousy. The tokong, so-so, or lousy will affect the demand therefore the price. HDB uses mkt data approach for valuation. Read this. http://www.squidoo.com/The-Market-Data-App...erty-Valuations http://www.best-investment-property-tips.c...r-property.html Edited November 27, 2010 by bepgof Share this post Link to post Share on other sites
Plastic3 0 Report post Posted November 27, 2010 I feel Location, Level, Condition, View, Recent Transactions affect the valuation more than whether it is near a School... Especially since it is a new school, if it's an old well-known school being relocated nearer to your area, you may get higher COV if the parents desperately want their children in there... Best, Mark Hi, I am thinking of selling my flat. Recently, directly in front of my flat, there is some construction started and they are building a new primary school. Can I check if this will affect my valuation price? and if yes approx how much? Because I am not sure if I need to wait for the school to be built then sell? Share this post Link to post Share on other sites
kellyla 1 Report post Posted April 29, 2011 ok..thanks for the info! Share this post Link to post Share on other sites
edenstrauss 3 Report post Posted April 29, 2011 (edited) If there is alot of noise generated by the school kids & the school, then it'll be an issue. Or u could target at couples who r intending to have kids or parents with young children (in the pre-schooling stage). Edited April 29, 2011 by edenstrauss Share this post Link to post Share on other sites
duhzzz 0 Report post Posted May 22, 2011 Agree... and you wont even get a longer sleep on saturday...kids having cca, band, drums, trumpet...etc...madnessIf there is alot of noise generated by the school kids & the school, then it'll be an issue. Or u could target at couples who r intending to have kids or parents with young children (in the pre-schooling stage). Share this post Link to post Share on other sites
