Your search results

5 Insider Tips From Real Estate Experts On How To Get The Best Deal On Property In Singapore

Posted by Jayson Ang on March 16, 2024

| 0

Investing in property can be a great way to build wealth and secure your financial future. However, with Singapore’s highly competitive property market, it can be challenging to get the best deal.

In this video, we will explore five insider tips from real estate experts on how to get the best deal on property in Singapore.

Research the Market: Before investing in a property in Singapore, it’s essential to research the market to understand the current trends and prices. Look at comparable properties in the area to determine the average price range and keep track of any fluctuations in the market. This will help you negotiate with sellers and get the best deal. You can also research the market by attending property auctions, reading property reports and news, and engaging with real estate experts.
Consider the Location: Location is a significant factor in the value of a property. In Singapore, certain areas are in high demand and can command a higher price, while others may not be as desirable. Consider the location of the property and its proximity to amenities like transportation, schools, and shops. A well-located property can appreciate in value over time, making it a worthwhile investment. Also, consider the future development plans of the area to gauge if the property is in a location with growth potential.
Negotiate with Sellers: Negotiating with sellers is crucial to getting the best deal on a property in Singapore. Work with your agent to understand the seller’s motivations and try to find a mutually beneficial agreement. For example, you could negotiate a lower price in exchange for a quicker closing date or agree to a higher price if the seller makes certain repairs or upgrades. You can also research the seller’s situation, such as if they’re in a rush to sell the property, to help you better negotiate.
Get Financing in Order: Having your financing in order can help you get a better deal on a property in Singapore. Before making an offer, get pre-approved for a mortgage to show sellers that you’re a serious buyer. This can give you an edge over other buyers who may not have financing in place. You can also work with a mortgage broker to find the best mortgage rates and terms for your needs. Additionally, ensure that you have enough savings to cover the downpayment and any additional fees that come with buying a property in Singapore.
Work with a Trusted Agent: Working with a trusted agent can make all the difference when it comes to getting the best deal on a property in Singapore. Look for an agent who is knowledgeable about the local market and has a track record of successful transactions. An experienced agent can help you navigate the negotiation process, identify potential issues, and find properties that meet your needs and budget. They can also provide you with access to off-market properties that you may not have found otherwise.

If you would like to arrange a viewing appointment with us in Singapore, do send us a DM here

And if you want even more tips and advice on investing in the Singapore property market, be sure to follow, like and share, our XHS channel or contact us for expert advice, and I’ll see you in the next post!

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …

All Blog Posts Buying Tips

The Quick Guide For Buying Landed Property In Singapore

Jayson Ang – January 2, 2023 –

TLDR When it comes to purchasing a landed property in Singapore, there are three main types to consider: terrace houses,...

Mandarin Top 5

Top 5 Reasons : Why Investing In Singapore’s Property Market Is Recession-Resistant

Jayson Ang – August 15, 2024 –

Singapore's property market has long been considered a safe haven for investors, even during times of economic uncertainty. The city-state's...

All Blog Posts Buying Tips

A Beginner’s Guide to Homebuying: How to Choose the Perfect Property

Jayson Ang – May 20, 2023 –

TLDR When considering property investments, understanding your motives is crucial. Factors like accessibility to amenities, remaining lease, transaction history, rentability,...

Mandarin Top 5

Top 5 Bakeries in Singapore for Fresh Bread and Pastries

Jayson Ang – May 6, 2024 –

Singapore, a melting pot of cultures and flavors, is well-known for its diverse culinary scene. Among the many gastronomic delights...

Mandarin Top 5

5 Reasons Why Singapore Loves Investing in Properties

Jayson Ang – March 28, 2024 –

Property investing is a popular and lucrative option in Singapore due to several reasons. Firstly, Singapore's stable and growing economy...

All

Find Your Dream Home: Top 5 Property Investments for Families in Singapore

Jayson Ang – March 22, 2024 –

As one of the most prosperous countries in the world, Singapore is an attractive destination for families looking to invest...

Mandarin Top 5

Singapore Sights & Sounds: 5 Must-Know Facts From the Little Red Dot

Jayson Ang – March 7, 2025 –

Singapore, affectionately known as the Little Red Dot, is a vibrant city-state in Southeast Asia that boasts a unique blend...

Mandarin Top 5

Top 5 Factors: Singapore Property Market: Attractive Investment Opportunity Despite Cooling Measures

Jayson Ang – March 29, 2025 –

The Singapore property market has always been a popular investment choice for both local and foreign investors, thanks to its...

Mandarin Top 5

5 Reasons : Why Singapore’s Rental Market Is Still Lucrative For Property Investors

Jayson Ang – June 8, 2024 –

Singapore's property market has always been an attractive investment option due to its stability and potential for high returns. While...

All Blog Posts Buying Tips

6 Must-Know Factors to Consider When Purchasing a Resale HDB in 2023

Jayson Ang – February 5, 2023 –

TLDR When buying a resale flat in Singapore, make sure to walk around the neighborhood to assess actual distances, check...

All Opinion Selling Tips

7 Essential Steps to Sell Your House in Singapore

Jayson Ang – August 29, 2023 –

TLDR When preparing to sell your house, research the average prices in your area for a realistic figure. Consider factors...

All Blog Posts Buying Tips

5 Key Insights to Take Away from the Latest 2022 Cooling Measures

Jayson Ang – December 8, 2022 –

TLDR Affordability of HDB Market: Government is focused on ensuring affordable public housing and may increase supply if needed. Long-term...

Mandarin Top 5

The Top 5 Legal Considerations When Investing In A Property In Singapore

Jayson Ang – August 21, 2024 –

Investing in property in Singapore is an attractive option for many, given the country's stable economy and strong demand for...

All Buying Tips Opinion

5 Techniques for Identifying Undervalued Properties in Singapore 2023

Jayson Ang – August 23, 2023 –

TLDR To spot undervalued properties in Singapore's real estate market, focus on market value, location, and unique features. Consider "up...

Mandarin Top 5

Top 5 Tips : How Investors Protect Themselves From Risk And Capitalize On Emerging Opportunities In Singapore’s Real Estate Landscape

Jayson Ang – April 27, 2025 –

The real estate landscape in Singapore has always been a lucrative investment opportunity for both local and international investors. However,...

All Buying Tips Opinion Selling Tips

Is Lifelong Renting a Viable Option in Singapore?

Jayson Ang – March 6, 2025 –

TLDR In Singapore, while the majority aspire to own homes, a small segment opts for lifelong renting, driven by personal...

All Buying Tips Top List

Finding the Perfect Match: Top 20 : A Guide to Choosing the Best Property Agent in Singapore

Jayson Ang – December 17, 2022 –

TLDR When it comes to buying or selling real estate in Singapore, having a professional and knowledgeable property agent is...

All Buying Tips Opinion

Singapore’s HDB Projects: From Unique Landmarks to Just Another Brick in the Wall?

Jayson Ang – January 12, 2024 –

Take a look at this chill spot in Yew Tee. Someone's gone all out to make it feel like an...

All Buying Tips

How Much You Need to Earn to Afford a Condo 2023

Jayson Ang – October 30, 2023 –

TLDR When considering investing in a private property in Singapore, it's important to understand your borrowing capacity. Financial experts recommend...