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 …
Jayson Ang – February 17, 2023 – Share
Navigating the complexities of purchasing a resale HDB flat requires honing negotiation skills and market awareness. Understanding property valuations, seller...
Read More
Jayson Ang – March 22, 2024 – Share
Retirees have unique needs when it comes to property investments. They require properties that offer comfort, security, and easy access...
Read More
Jayson Ang – December 29, 2022 – Share
TLDR Decoupling in Singapore's real estate refers to the process of separating property ownership to avoid Additional Buyer's Stamp Duty...
Read More
Jayson Ang – April 4, 2024 – Share
As one of the world's leading financial centers, Singapore has always been a popular destination for property investment. With a...
Read More
Jayson Ang – January 21, 2025 – Share
At the age of 35, a single Singaporean starts a significant year, highlighted by the long-awaited chance to buy their...
Read More
Jayson Ang – March 2, 2024 – Share
Singapore is renowned for its thriving real estate market, with many desirable neighborhoods and top-notch properties. However, when it comes...
Read More
Jayson Ang – August 11, 2024 – Share
Investing in Singapore property has long been considered a lucrative and stable way to build wealth. However, like any investment,...
Read More
Jayson Ang – September 26, 2024 – Share
TLDR When contemplating the purchase or sale of a property under the Minimum Occupancy Period (MOP), it's crucial to consider...
Read More
Jayson Ang – January 8, 2025 – Share
Investing in a luxury condominium in Singapore is an attractive option for real estate investors seeking high-quality properties with potential...
Read More
Jayson Ang – December 7, 2022 – Share
When you flip open the papers or turn on the news nowadays, the common buzzwords are "INFLATION", " INTEREST RATE...
Read More
Jayson Ang – March 16, 2024 – Share
Investing in property can be a great way to build wealth and secure your financial future. However, with Singapore's highly...
Read More
Jayson Ang – August 25, 2024 – Share
TLDR Investing in a 99-year leasehold landed property in Singapore can be a lucrative venture due to the country's land...
Read More
Jayson Ang – August 29, 2024 – Share
TLDR The blog post delves into the complexities of market timing in property investment, highlighting the risks and challenges associated...
Read More
Jayson Ang – June 9, 2025 – Share
TLDR Singapore’s property market stands out for long-term investment due to its strong economy, stable government policies, high rental demand,...
Read More
Jayson Ang – April 5, 2024 – Share
TLDR The blog post discusses the evolving regulations for single individuals to purchase public housing in Singapore. It highlights the...
Read More
Jayson Ang – March 21, 2024 – Share
TLDR The Singapore property market is experiencing a decline in condo purchases by HDB flat owners due to multiple property...
Read More
Jayson Ang – June 2, 2023 – Share
Top 5 Fine Dining Restaurants in Singapore if You are Visiting Us! Singapore is known for its diverse and delicious...
Read More
Jayson Ang – July 20, 2024 – Share
When investing in Singapore property, it is essential to be aware of the various tax implications and considerations. Here are...
Read More
Jayson Ang – June 14, 2023 – Share
Singapore's Property Insights : Where to Find 5 Hidden Gems? With its booming economy, vibrant culture and attractive regulations, Singapore...
Read More
Jayson Ang – December 17, 2024 – Share
Singapore, a vibrant and multicultural city-state, is not only known for its iconic landmarks and delicious cuisine but also for...
Read More
