Housing Loans
I was told about the disparity in valuation of houses between 2 banks. Lets assume bank 1 is local and bank 2 is foreign.
Bank 1 value the property at S$2.2M but Bank 2 only value it at S$1.5M, why the disparity? We are talking about a 700K difference. Anyone knows why the big gap? Please share.
Bank 1 value the property at S$2.2M but Bank 2 only value it at S$1.5M, why the disparity? We are talking about a 700K difference. Anyone knows why the big gap? Please share.
posted by Unknown @ 1/18/2008 04:17:00 PM
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