makes you feel like buying from developer... all these issues are non-existent!!!

Yup, it is normal

normally b4 buying a property, i will ask the last trsc price at that area(most recent 1) and also the bank valued price... then from there i can know the price offered is it reasonable... and at the same time will make it as a reference to my banker...

of coz diff unit diff value, especially some unit have ready tenant then it can have better value...

encounter the same problem.
selling price 270-280
valuation price 230-250 (depend on reno)

for me better find a house within valuation price
or u ended up buying more than the price it shud be

iyooo.... if like this will be very hard time for me.
I only have limited $.
which planned to take out EPF account 2, just to pay off the 10% down payment (+ some self furniture, elect, etc...)

like this really can't my house from used unit

if really need to buy new unit, then i will need to wait at least 3 years :S

---

Added on January 27, 2011, 7:37 pmJust browsing through others topic, and found this.
http://forum.lowyat.net/index.php?showtopi...post&p=39482520

makes me even lost hope in buying a house myself.

This post has been edited by Pressley.Q: Jan 27 2011, 07:37 PM

That is best scenario but try that on Landed properties in Bangsar, TTDI, OUG, Taman Desa and tell me whether it will work...

99.9% of the time, very hard. Demand > supply, simple theory.

as for own stay...nothing we can do if we really need the house
as for investment, better find other good areas

Valuer is Zzzzzzzzzzzzz, in Bdr Kinrara, do you know that some of the valuers value lower than than the developer's price, it happen to Emerald, Desiran and Sapphire, they just do understand the property market

Some time the issue is not that the valuer value lower than the mkt price, but they value too high, I quote a real example :-


We must understand that in the eye of the valuer, building has value, but in actual fact, some very old building dun have value at all..

I have a friend who owns an unit of bungalow in OUG (Jln Hujan Emas X), this bungalow is damn old like an Indian temple, land area 7K, build-up 6K, he called a Hong Leong valuer, the results is 1.9 mil, becoz the valuer said land value 1.4 mil + building 500K, this made my fren so happy & he priced 1.95 mil then, until today cannot sell. I assure whoever buy this bungalow will demolish the entire building, many buyers offer 1.25 mil-1.4 mil max, so does the stupid valuer did the right thing?

Valuer Zzzzzzzzzzzzz, they dun understand the mkt

thru property agents.... this is one evidence of the importance of their role

agents these days only want %$..$ they don't really help..especially when ur a 1st time buyer.

bangsar, etc... for houses in very matured areas, valuation is almost at mkt price since the history is established, banks have good reason to value higher as operating procedure.
vast majority of new ones in new areas can't get close to bank valuation - because they are new and because sellers are asking high at this time.

agents try to get 2%, some settle for 1%, even co-broke, etc. problem is coming more from sellers.
if you read the other threads and other forums, you'll find the majority subsellers are pricing sky high, no-sell, keep, rent for now - that kind of sentiment.

it'll all come to equilibrium again - loan not enough and no cash, no buy. when the cash rich buyers run out, nervous owners will drop price and let go cheaper. when, who knows?

willing buyer willing seller...
second - seller just main shout price... thats where valuation price came in. dont forget, agent will always try sell high for more comm $

3rd- valuer only based on transaction record. therefore for area which is not so active in selling, u may face this issue.