Originally Posted by
TravieJackie
I am a newbie and am eyeing a unit now. I am just wondering what is the norm to offer? I know there's no fixed answers to this but after surveying the area etc. I think the fair price is about 17% below the asking price. Is this too low for a start?
Don't shoot me coz I'm a newbie.
if landed, then more difficult to have a "mkt price"
for regular dvp of condos, sure got last done price. i would get the average of last 10 done prices of similar unit size, then based on the average give an offer with slight discount. be reasonable then can talk.
of coz if you are out to pick up fire sales, the equation will be different.
There is no good or bad location. There is only good or bad price.