What's a fair buying price above a bank valuation?

[Chejai]

Another thing I wanted to ask - for those with experience in buying / selling - what is a fair price for a flat when compared to a bank evaluation.  Based on what I've seen on the flats in CC at the moment, prices are anything from 2- 15% above bank valuations.

[Chejai]

And can anyone recommend the most accurate bank to value a property?  Is there one most commonly used?

[mikea]

You can check with few banks , generally they give u similar valuation , for new properties anything upto 15% over bank valuation is common , but for old property for example in TST , bank valuation can be even 30% less than market price..

[DrBubb]

Depends on the Bank.

HSBC tend to value higher floor flats at levels above Hang Seng.

[Chejai]

Thanks for the replies.  It seems that HSBC are valuing higher than others.....but these are for higher floors I'm looking at.