bruinbear wrote:empty for 12 months?
either the owner isn't financially savvy or just can't be bothered (i.e. too rich anyway, who cares if the place is vacant!)
It means that this owner has too much money.EADG wrote:my landlord said when we move out he'd be happy to not have a tenant to wait for one which would meet his price, no matter how long it took
his attitude smacked of kiasu-ism (you had to be there), I saw it as penny-wise / dollar-foolish
bruinbear wrote:empty for 12 months?
either the owner isn't financially savvy or just can't be bothered (i.e. too rich anyway, who cares if the place is vacant!)
All the agents know, because it's a fact, however this is all about getting top$ and some agents, will not reduce price, they would rather tell you to go some other place, because they prey on the naive and those that have no idea of the situation and believe me, there are many arriving each day, that never sign up or visit the forum.Cicilia wrote:Just to add
Some of the new 'condo' launches are asking 'unrealistic' amount for somewhere inconvenient location.
If you look beyond the ads, as you all say with the empty units, a lot of deals are now more 'negotiable' compare to last year but no one saying it out loud.
One RE agent I talked to last week actually admit things are slowing down.
Hope this sentiments catching on to the owner and LL.
That is so true, There's a new condo Development close to Parkway that have just been completed. A couple of months ago the one bed studio appartments (540sqft) were being advertised for rent for at least $5.5k! Not surprisingly hardly any (if any) were taken up and the same ones are now being advertised for $3.5 tops.Cicilia wrote:Just to add
Some of the new 'condo' launches are asking 'unrealistic' amount for somewhere inconvenient location.
If you look beyond the ads, as you all say with the empty units, a lot of deals are now more 'negotiable' compare to last year but no one saying it out loud.
One RE agent I talked to last week actually admit things are slowing down.
Hope this sentiments catching on to the owner and LL.
kimtaymour wrote:I will just contribute with few wors here... i hope renting price in Singapore don't follow Dubai's one.. that will be jsut crazy... in dubai a small single studio can cost you 1800 to 2000 SGD.. that hell in its own eyes
familyof5 wrote:i understand ours was empty for 12 months before our offer (about 3K less than asking price) was accepted. crazy.
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