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 …

Mandarin Top 5

Experience The Best Of Southeast Asia: 5 Must-See Destinations After Singapore

Jayson Ang – February 22, 2024 –

Singapore is a great starting point for travelers looking to explore the region. From Singapore, there are many great destinations...

All Blog Posts Buying Tips Opinion

Freehold Properties vs Leasehold Properties: Which is Better?

Jayson Ang – June 26, 2023 –

TLDR When it comes to property investments in Singapore, understanding the differences between leasehold and freehold properties is crucial. This...

All Blog Posts Buying Tips Opinion

UNCOVERING the Secret to Profitable Small Boutique Condos!

Jayson Ang – November 30, 2024 –

TLDR Boutique condos, with fewer than 100 units, are known for price fluctuations due to infrequent transactions and higher upkeep...

All Buying Tips

Essential Steps for Safely Purchasing Your First Home in Singapore

Jayson Ang – February 20, 2024 –

TLDR When considering buying your first property in Singapore, start by assessing your budget and qualifying for a permissible loan....

All Blog Posts Buying Tips

Learn the Essentials of Renting Property in Singapore as a Foreigner

Jayson Ang – May 26, 2023 –

TLDR Renting in Singapore offers various options for foreigners, such as HDBs, Condos, and even unique properties like heritage homes....

Mandarin Top 5

Top 5 : Dangerous Ideas Singapore Property Investors Have

Jayson Ang – February 19, 2025 –

Investing in property, particularly in a thriving market like Singapore, can be an enticing prospect. However, it's not without its...

All Blog Posts Buying Tips

Explore the Benefits and Drawbacks of Holding an Open House!

Jayson Ang – June 3, 2023 –

TLDR An open house is a valuable opportunity for sellers to showcase their home to potential buyers without pressure. It...

Mandarin Top 5

Top 5 Tips : How Does One Choose Good Property In Singapore?

Jayson Ang – November 11, 2024 –

Singapore, a thriving city-state known for its impressive skyline and robust economy, has always been an attractive destination for property...

All Blog Posts Opinion

Discover 7 Reasons to Sell and Right-Size Your Property

Jayson Ang – April 9, 2023 –

TLDR The increasing trend of right-sizing properties in Singapore is driven by various factors such as lifestyle changes, financial gains,...

Mandarin Top 5

5 Dangerous Ideas Singapore Property Investors Have

Jayson Ang – September 2, 2024 –

Singapore's property market has always been a hot topic among investors, both local and international. With its strong economy, stable...

All Buying Tips Opinion

6 Hot Property Market Trends in Singapore 2024: What Buyers Should Anticipate

Jayson Ang – May 27, 2024 –

TLDR When diving into Singapore's property market, expect a rollercoaster ride as trends shift drastically in 2024. Landlords and tenants...

All Buying Tips

Buying a Mega Development Condo? Here are 5 Overlooked Issues You Should Know

Jayson Ang – April 20, 2024 –

TLDR In the world of mega-developments, living in a large condo with over 700 units can bring challenges like ongoing...

All Blog Posts Opinion

Revival of Singapore Luxury Housing Market in 2023

Jayson Ang – January 21, 2023 –

TLDR The property market in Singapore has witnessed significant shifts in the past two years, with a surge in prices...

All

Mortgage Interest : The True Cost of Buying and Owning Properties in Singapore

Jayson Ang – March 16, 2023 –

TLDR When considering buying a property in Singapore, it's crucial to understand the true costs and risks involved. High monthly...

All Buying Tips

5 Smart Techniques That Resourceful Homebuyers Utilize to Overcome Restrictions on Home Loans

Jayson Ang – May 16, 2024 –

TLDR When it comes to navigating the complex world of home loans and property acquisition, it's crucial to be aware...

Mandarin Top 5

Top 5 Factors : What Is Considered “Luxury” In The Singapore Property Market?

Jayson Ang – December 3, 2024 –

The Singapore property market is known for its high-quality residential properties, attracting both local and international buyers. Luxury real estate...