Weekly Industry News

Valuation needed for new houses — experts

Weekly Industry News

House buyers stand to benefit if primary market residential properties too, and not just secondary properties, are required to have a valuation done, say experts.

Noting that new houses are currently priced at the sole discretion of developers, they said an independent valuation will help ensure fairer prices.

They were commenting on the call for improved housing valuation methods by Khazanah Research Institute (KRI) in its report on the state of housing released last week.

Media Title: The Edge Financial Daily

Date: 2 May 2019

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