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Cash Over Valuation

The Truth About Property Valuation: Asking Price vs. Bank Value

You found a dream home in the heart of Singapore. The seller asks for $1.8 million for the unit. However, your bank says it is only worth $1.7 million. Suddenly, you face a massive "valuation gap" of $100,000. This gap is a common hurdle for buyers in 2026. Understanding why these numbers differ is vital for your journey. It can be the difference between a deal and a disaster. Let’s uncover the...