VA2HK2SG wrote:How is the market in Singapore for popular expat areas like Holland, Rivery Valley, etc... Are the prices listed on the 3 major property websites very flexible, specifically those which are updated with good amenties, if so how much flexibility can we roughly expect.
Pretty flexible. I would say typically 5-10%. Of course it depends how the price compares to other, similar units within the same place.
Additionally see many will offer furnished, assume if only wanted white goods there would be some discount, also if 2 year lease there could be some discount as well?
2 years is pretty standard so do not expect too much of the discount here, rather expect higher price if for shorted period. Furnished or not this is what you should specify up in front - I don't think the LL will be very happy if you request to empty the whole place and yet ask for a discount. Afterall they have to store the furniture somewhere and they adverise for a reason whether the flat comes fully-, partly furnished or unfurnished.
Any info would be greatly appreciated on general market conditions.
There is some flexibility in the market - you just have to make sure you see plenty of units in the blocks you like to find it. Don't get tied to one or two agents; use as many as you can to gauge the prices and test the resolve of different LL's.VA2HK2SG wrote:We are moving from Hong Kong to Singapore soon. When we looked for our flat in HK we heard that prices were somewhat flexible, however it seemed only for flats that were not very updated, those more desirable units in expat locations seemed to very firm on price or even trying to get us to offer more, this was only about 8-9 months ago.
How is the market in Singapore for popular expat areas like Holland, Rivery Valley, etc... Are the prices listed on the 3 major property websites very flexible, specifically those which are updated with good amenties, if so how much flexibility can we roughly expect.
Additionally see many will offer furnished, assume if only wanted white goods there would be some discount, also if 2 year lease there could be some discount as well?
Any info would be greatly appreciated on general market conditions.
That's what I said. Prices will likely drop, rental won't.carteki wrote:@BillyB - the new stamp duty isn't going to make rental prices go down. If anything it'll make them go up as fewer people can afford to buy their own place and the costs of a 2nd property increase for locals / prs.
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