Match title/address, area and unit type to the report and verify its date and purpose under relevant TKGM/SPK rules. The TCMB House Price Index is useful market context but does not replace an individual appraisal or prove a particular transaction price.
Documented encyclopedia enrichment: Official Source Revalidation — Property valuation report
The first step in revalidating property valuation is to confirm that valuation evidence is actually required under current rules. TKGM Circular 2024/4 changed the system: citizenship transactions rely on TTB to confirm the investment amount, while valuation reports are no longer generally required in other transactions merely because a foreigner is involved. Where TTB or value evidence is required, verify property identity, document date, purpose, values, and transfers.
Verification method
Official-source revalidation should be performed independently of the copy already in the file. Record the authority or source, access time, reference number where available, and whether the result matches, updates, or conflicts with existing evidence. If the official source cannot be accessed, the old copy does not automatically become “confirmed.” Distinguish an authoritative record from private guidance or commentary.
Evidence file
The evidence file should contain the reviewed document, reference or application number where available, retrieval date and time, reviewer, and any earlier version used for comparison. If the information can change, record the effective date of the review and the recheck point. These details prevent a result that was correct on an earlier date from becoming a permanent assumption after the register or transaction circumstances change.
Review checklist
When applying this record to “Official Source Revalidation — Property valuation report”, review at least five elements: property identity, identity and authority of the parties, date of the source or document, any open restriction or exception, and whether the decision requires revalidation before registration or payment release. If any element conflicts with an official source, reliance on the result should stop until the resolution is documented.
Reliance decision
At the end of the review, record a clear status: confirmed, confirmed with conditions, further evidence required, or currently unacceptable. Link the status to the document that resolved each point, with verification date and authority or reference. If the transaction remains open, identify the next action, owner, and deadline. A longer file should not automatically receive a higher confidence level; quality depends on verifiability and consistency of evidence.