Date: July 5, 2014
Venue: YMCA@One Orchard
Interviewee: Sharon Lee, Director & Head, Auction, Knight Frank
Sharon Lee is armed with a valuation licence and more than 20 years of experience in the Singapore property market. Headed by Lee, properties sold by the Knight Frank auction team range from residential, commercial and industrial properties to development sites. Knight Frank auctions an average of 180 properties a year, grossing a total of more than $50 million. Their major clients include banks, financial institutions, government and statutory boards, liquidators, public companies, trustees and individuals.
Q. Compared with traditional listings, what are the advantages for property owners to sell their properties at auctions?
A. For properties with the urgency to sell, an auction provides a faster and more effective selling platform. It can attract wider attention from more buyers. It also offers three opportunities to sell – before, during and after auction.
One ......