Appeals to Singapore Institute of Surveyors and Valuers to Review Valuation by Valuer for HDB Flat

Ms He Ting Ru asked the Minister for National Development whether the Ministry has data for each of the last 10 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 revaluation of such HDB flats.

Mr Desmond Lee: In the last 10 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.