Asking Price Above bank valuation?

[teddybear]

Try UOB & OCBC.

hi, need some advice.

which bank gives the highest valuation nowadays? maybank?

[Douk]

Try UOB & OCBC.

thought these 2 are quite conservative. should try those banks with smaller market share. maybank and the offshore banks may be more aggressive to give higher value for loan.. just my thoughts.

[McKinnon]

thank you very much teddybear!

Try UOB & OCBC.

[teddybear]

Not too sure about this as I heard from friends who are looking for loan that only UOB and OCBC are giving valuations close to asking price of buyers (their experience are that all asking prices now are above bank valuations).

thought these 2 are quite conservative. should try those banks with smaller market share. maybank and the offshore banks may be more aggressive to give higher value for loan.. just my thoughts.

[Douk]

Not too sure about this as I heard from friends who are looking for loan that only UOB and OCBC are giving valuations close to asking price of buyers (their experience are that all asking prices now are above bank valuations).

i see. when i bought a resale unit 3 months ago, uob has the lowest valuation. i end up with DBS. didnt check offshore banks as i am not comfortable with the top up clause. thanks.