byte2The appointment of private valuers to conduct valuation of immovable property for stamp duty purposes is a welcome change for many who have been frustrated by the delays in valuation by government valuers. Buyers may now elect to have the valuation of their property conducted by any of the appointed private valuers. However, unlike the free services offered by a government valuer, buyers who opt for a private valuer will bear the costs of the valuation in addition to the stamp duty payable. The valuation fees will vary depending on the value of the land and will be charged in accordance with the Valuers Act.

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