How to prepare for a property valuation in Singapore

1. Confirm who needs the report and why

Tell the valuation team whether the report is for mortgage finance, refinancing, a transaction, a portfolio review or another purpose. Identify the intended recipient and the required valuation date. A current inspection and a valuation for an earlier date are different requirements, so flag any historical date at the start.

If a bank or adviser has provided a brief, share the relevant requirements with the team. Ask the lender whether it needs to appoint the valuer or approve the instruction. Do not commission a report on the assumption that every lender will accept it.

2. Gather the property information

The exact documents depend on the property and the agreed scope. Start with information you already hold and ask which items are required. If a floor area or plan is uncertain, say so rather than treating an estimate as a confirmed measurement.

• Full address, unit number and property type.
• Available tenure, title and floor-area information.
• Floor plans or approved plans, where requested.
• Details of material alterations, ongoing works or restricted areas.
• Relevant tenancy or rental information for a leased property.
• The lender’s or intended recipient’s reporting requirements, if any.

3. Prepare for an inspection

If the scope requires an inspection, agree access with the owner, tenant or managing agent. Confirm the appointment, meeting point and person who can provide entry. For a business property, explain visitor registration, site safety requirements and any limits on access.

Make the relevant rooms and areas accessible where practical. Tell the team in advance if part of the property cannot be inspected. An inspection records relevant property characteristics; cosmetic tidying should not be treated as a promise of a higher assessed value.

4. Explain tenancy and commercial arrangements

For a rented unit or commercial asset, ask which lease details the valuer needs. Relevant information may include the tenancy term, rent, renewal provisions and any unusual arrangements. A summary is useful for scoping, but the team may need to review the underlying documents.

For a portfolio, prepare a consistent asset schedule with addresses, property types, available areas and tenancy status. Identify one contact who can coordinate missing information. This reduces repeated questions across different properties.

5. Flag changes and gaps in the information

Mention significant alterations, changes of use, ongoing works or differences between the available plans and the existing layout. Provide supporting information when requested. The valuation team can explain how missing information or access restrictions affect the scope and reporting assumptions.

Do not try to resolve uncertainties by guessing. A clear note that a document is unavailable is more useful than an unsupported statement. Agree who will obtain outstanding information and whether it affects the proposed delivery date.

6. Check the correct route for an HDB resale purchase

If you are buying an HDB resale flat, follow HDB’s Request for Value requirements where applicable. HDB decides whether a valuation is needed within that process. An additional private valuation for your own information should not be assumed to replace the official route.

Read the official HDB guidance linked below before ordering a separate report for a resale purchase. For a bank-related instruction, also confirm the bank’s requirements directly.

7. Agree the scope, fee and delivery arrangements

Before proceeding, confirm the property interest, purpose, intended recipient, valuation date, fee and deliverables. Ask whether inspection, additional copies or any special reporting requirements are included. Confirm the expected timing and the information or access needed to meet it.

For the initial Century 99 enquiry, provide a short property description and your requirements. Keep identity documents, bank statements and confidential attachments out of the website message. The team can explain which documents are needed and how to provide them after the scope is discussed.