Written answer by Ministry of National Development on appeals to Singapore Institute of Surveyors and Valuers to review valuation by valuer for HDB flat

May 8, 2023

Question No: 2946

Question by: Ms He Ting Ru

To ask the Minister for National Development whether the Ministry has data for each of the last ten years on (i) the number of appeals that were made to the Singapore Institute of Surveyors and Valuers (SISV) to review the valuation conducted by a valuer for an HDB flat and (ii) the number of SISV appeals that resulted in a re-valuation of such HDB flats.

Answer:

In the last ten years, the number of appeals made by resale flat buyers to the Singapore Institute of Surveyors and Valuers (SISV) on the valuations of their resale flats and the outcomes are tabulated below.