Property valuation report Recordkeeping Guide
Verified facts relevant to this topic
- file index
- document naming convention
- version number
- received date and source
- final/draft/superseded status
- retention period and access owner
Topic-specific review matrix
The conclusion should end in one of three states: verified/actionable, actionable subject to written dated conditions, or stop until the conflict is resolved.
- TCMB — House Price Index — 15 August 2026
Maintain an auditable file
Archive the valuation request, file ID, final version, core property data, provider-authorisation evidence at request time and any explanation of price/value differences so a later reviewer can reconstruct the acceptance decision.
Convert the result into a documented proceed, hold-for-remediation or stop decision.
Practical questions answered from primary sources
What should the contract say about citizenship-purpose valuation in property valuation / TTB?
A valuation document is neither a listing price nor a substitute for title due diligence. Match it to the correct property, authorised provider, issue date, document/version identifier and underlying property data, then reconcile the result with the actual transaction. Archive the valuation request, file ID, final version, core property data, provider-authorisation evidence at request time and any explanation of price/value differences so a later reviewer can reconstruct the acceptance decision.
Which condition should be satisfied before a non-refundable payment in property valuation / TTB, specifically citizenship-purpose valuation?
Archive the valuation request, file ID, final version, core property data, provider-authorisation evidence at request time and any explanation of price/value differences so a later reviewer can reconstruct the acceptance decision. Convert the result into a documented proceed, hold-for-remediation or stop decision.
What happens if citizenship-purpose valuation changes before closing in property valuation / TTB, specifically citizenship-purpose valuation?
Source-verified evidence
Verified information for Property valuation report
compare documentary status with the physical, payment or operational reality relevant to the topic and write down every unexplained difference before commitment.
convert each unresolved difference into a named condition: evidence required, person responsible, deadline and the consequence if the condition is not satisfied.
Valuation report recordkeeping
Keep the complete valuation report and the data that makes it traceable: report number, valuation date, issuing company, valuers, property identifiers, stated purpose and the version actually used. Where TKGM procedures require or reference a valuation, preserve the application/reference details that connect the report to the title transaction. Check that the company was within the relevant authorized/listed framework at the time and retain any later correction or replacement report rather than overwriting the earlier file. A short value figure is not enough for future review; the comparable evidence, assumptions, legal/physical description and limiting conditions explain why the value was reached and whether a later buyer can rely on the same conclusion.
Verified information for Property valuation report
For a durable transaction record, For the document check on “report / TTB version” within property valuation / TTB, match the official identifiers, date, authority and scope to the closing file; a related document for another unit or older version is not enough.
For a durable transaction record, TCMB publishes the House Price Index to track housing-market price changes and now also publishes the New Tenant Rent Index to provide a more current view of newly contracted rents.