Jun 26, 2018

Residual Land Valuation (RLV) Worked Examples

The following are some of the official RLVs that were done on Tampines Court between 2007 and 2011. All requests by yours truly to see the RLV for Tampines Court  between 2015 and 2017, when the sale was completed, were rebuffed. The Valuation at Close of Tender was high on pictures but with no calculations on how the actual final figure was ascertained- it didn't even mention the plot ratio. 
Owners will always be given the least amount of information possible. It is up to savvy owners to get themselves a little knowledgeable about how to go about getting a better idea of the land value of their estate and to ask sticky questions. The Marketing Agent is relying on your ignorance.

2007
2007
 2011
2011

 2011

2 comments:

  1. Anonymous29 June, 2018

    Hi All
    Just ponder check our yourself the ways the process was carried out and the current situation .
    We were like girls uide and boys scout leading with a chicken without head at the mercy of the MA.
    If you are unable to fufill their unwritten requirements they will refused to accept the handover or they will deduct $ from the retention amount.
    Just ask yourself who and where are you able to clarify outstanding issues.
    Our CSC and MA already disbanded.

    ReplyDelete
    Replies
    1. Anonymous01 July, 2018

      It is the MA - Managing Agent.

      Go to the Management Office, MA Abacus and Sim Lian (Treasures).

      Delete