Tag: valuation of a property by the bank
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Condo prices, bank valuations and neighbour’s parked cars.
You have just paid RM800k for a condo somewhere. Your banker tells you that the value that the bank assigned to the condo is slightly over RM800k and thus you are getting a good deal. It’s an awesome place. The facilities are top-notch and even the name of the condo sounds so special. In fact,…