The flat has the layout you want, the location works, and the asking price appears manageable. You can already picture where the dining table will go. But before you agree to that price, there is another figure worth understanding: the property’s valuation.
For Housing & Development Board (HDB) resale buyers, the gap between an agreed purchase price and the value used for financing can affect how much cash they need. HDB Commission Saver brings resale property listings together with a dedicated Valuation Report page, making valuation a natural consideration when researching a potential purchase.
The Asking Price Is Where Negotiations Begin
A resale flat’s asking price reflects what the seller hopes to receive. It may take into account recent transactions, the property’s condition, renovations, location and the owner’s expectations.
