What Does It Mean?
The bank valuation is a bank-appointed valuer's assessment of a property's market worth, used to size your loan. Your maximum loan is the LTV limit applied to the lower of the purchase price or the valuation. If you agree to pay above valuation, the shortfall (similar to Cash Over Valuation on HDB) must be covered in cash, since the loan is capped at the valuation.
Why It Matters
The bank valuation, not the price you agree, caps your loan. If you offer above valuation, the gap must be paid in cash on top of your down payment — a shortfall that catches buyers off guard in hot markets, exactly like Cash Over Valuation does for HDB resale flats.
Where to Find This on ShiokNest
Look for the tooltip icon next to this metric on ShiokNest for a quick reminder of its definition.
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Frequently Asked Questions
What happens if I pay above the bank valuation?
Can I get a second valuation?
This glossary article is auto-generated from ShiokNest's financial data and updated periodically. Rates and figures are current as of July 2026. Check official sources for the latest.