To determine the annual valuation (Annual Value, or AV) for a specific unit at Jewel @ Buangkok, such as #xx-xx, you would need to know the estimated yearly rent if the property were to be rented out. Here are some general steps and considerations:
1. Check Recent Transactions and Rentals: Look at recent sale and rental prices for similar units in Jewel @ Buangkok. For example, 3-bedroom units in Jewel @ Buangkok typically range from $1.068 million to $1.94 million in sales price, and the average psf price is around $1,734.
2. Estimate Rental Income: The rental prices for 3-bedroom units at Jewel @ Buangkok can range from $2,999 to $5,400 per month. Assuming an average rental income, you can estimate the annual rental income. For instance, if the average monthly rent is around $4,000, the annual rental income would be approximately $48,000.
3. Annual Value (AV): The AV is usually a percentage of the estimated annual rental income. In Singapore, the AV is typically around 4-5% of the annual rental income for residential properties. Therefore, if the estimated annual rental income is $48,000, the AV could be around $1,920 to $2,400.
However, for the most accurate AV, you should check directly with the Inland Revenue Authority of Singapore (IRAS) or use property valuation tools available on EdgeProp Singapore. These sources can provide the specific AV for the unit #xx-xx at Jewel @ Buangkok.
We appreciate you using EdgeProp Buddy. As I'm in Beta mode, I'd recommend seeking expert advice in real estate for such concerns.