QUOTE(1ullaby @ Feb 27 2022, 03:56 PM)
Yes, do you know why this happen? because the valuation system is median transacted pricing based, so during pandemic there was a minor crash in pricing, reaching even slightly below spa prices.
But because landed is more resilient than high rise, the asking price quickly bounced back whereas highrise prices are still lingering on the lower side, hence for landed the valuation couldn't reach yet. Others I have no comment but Tropicana Aman side, semid I think Willyboy and MeToo have better perspective on this
But this dossnt happened to landed in Cyberjaya, Bangi or Kajang…
I knw coz i just bought one in Semanja Kajang and observing the prices in Jade Hill and Alam Sari Bangi/Serene Height
Also surveying Cyberjaya Eco Glades, Mulia Residences and Symphony Hills
But for some reason Eco Grandeur/Tropicana Aman/257 have this issue (which i dont have in the area i mentioned above)
.. banks never match the valuation and if i want to buy need to put at least 20% d/p for completed units
My theory is due to competion with the other areas while Cannal City is a leasehold, have poor existing road/highway connectivity and SKE hiway cancellation that bringing the bank valuation down