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Defying the Odds: Ohmyhome Sells “Old” HDB At $10k Above Valuation

Maelyn Lagman

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In the bustling Singapore property market, not every home is a pristine canvas ready for a quick sale. Some, like Mr. Tan’s (not his real name) Rivervale Drive unit, come with their own set of challenges. Mr. Tan’s unit, boasting a unique layout, had not been renovated in over two decades, and he needed a Temporary Extension of Stay for 1 month. Yet, he was determined to surpass his flat’s market valuation of $693,000.

Enter Ohmyhome’s dedicated property agent, whose expertise and strategic approach turned the tables in this seemingly uphill battle. Recognising the unit’s hidden potential, our agent highlighted the key advantages that outweighed Mr Tan’s initial concerns:

  • Panoramic Unblocked View: The unit offered a breathtaking view of the surroundings, creating a sense of spaciousness and serenity.
An aerial view of a Singaporean residential area with HDB flats, a train station, a community center, and a park, under a blue sky with white clouds.
  • Bright and Airy: Ample natural light flooded the rooms, enhancing the overall ambiance and appeal.
A bright living and dining area in an HDB flat with white tiled floors and pastel green walls. The living area has a sofa set, a coffee table, and a TV console, while the dining area features a wooden table and chairs.
  • Expansion Possibilities: The layout allowed for the creation of a fourth bedroom, catering to larger families. Additionally, the balcony could be seamlessly integrated into the living room, expanding the living space significantly.
A balcony of an HDB flat with sliding glass doors. The balcony has green walls and overlooks a residential area.
  • Prime Location: Situated on Rivervale Drive, the unit offered unmatched convenience and accessibility, with Rivervale Plaza and wet markets just a stone’s throw away.

You will be assisted by a Relationship Manager throughout your transaction journey, and beyond.

These compelling factors, combined with the agent’s unwavering confidence and the support of Ohmyhome’s dedicated team, reassured Mr. Tan and set the stage for a remarkable transformation. From the very beginning of the transaction journey, Mr. Tan was partnered with a relationship manager who was available to answer all of his questions and provide guidance every step of the way.

Ohmyhome’s marketing team leveraged their expertise to ensure the listing gained as much exposure as possible on all major property platforms. The tech team, armed with in-depth property data and reports, equipped the agent with valuable insights to effectively negotiate with potential buyers. This collaborative effort ensured a smooth and efficient sales process.

In a mere 4 days after signing an exclusive agreement with Ohmyhome, the unit was sold for an impressive $700,000, far exceeding both Mr. Tan’s expectations and the initial market valuation.

This success story exemplifies Ohmyhome’s commitment to going above and beyond for our clients. By identifying and showcasing the unique strengths of each property, our agents consistently deliver results that surpass expectations.

“Ohmyhome sold my HDB was at $700,000 after 4 days of signing exclusive! Higher than what I was expecting, and higher than the valuation!”

– Ohmyhome Client

With Ohmyhome, you can sell your HDB at the best price in no time

  • The specialised team at Ohmyhome possesses the knowledge and experience to navigate complex property situations.

  • Every property has its own unique charm waiting to be unlocked, and we’ll advise you on it as we go through the process.

  • We tailor our strategies to match your specific goals and requirements. And in this case, your home’s unique qualities. 

Contact Ohmyhome today and discover how our dedicated team can help you

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  • What your home is worth based on the recent transactions in your area
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