bank valuation is always a safe bet that you are not overpaying for a unit. It is almost always +- 30% lower than sellers price.

If bank valuation same as offer price, you don't need to top up. However, very rarely you get 100% or even 90% loan amount nowadays unless ur financial status is good. For example, I just sold my unit at RM350,000 and bank valued at RM310,000 with 85% loan to buyer so he needs to top up RM86k cash. Not alot of people can do that now

This post has been edited by 779364: Feb 26 2014, 10:46 AM