A property listed for more than 3-4 months doesn’t necessarily mean it won’t sell. Several factors can influence whether a property attracts buyers:
Price: If the property is priced above the market rate or compared to similar properties, it might deter buyers. Adjusting the price could make it more attractive.
Condition and Presentation: Properties that are in less-than-ideal condition or have poor presentation might take longer to sell. Renovations or staging can sometimes help.
Market Conditions: The property market fluctuates. A property might be on the market longer during a downturn or if there's less demand in the area.
Location: The location's desirability and the property's proximity to amenities, schools, and public transport can impact its sale speed.
Marketing Efforts: Effective marketing strategies, including professional photos, virtual tours, and targeted advertising, can help attract buyers.
Type of Property: Certain types of properties or unique features might appeal to a narrower market, leading to a longer sale period.
If a property has been on the market for a while, it might be worth reviewing these aspects and considering adjustments. Engaging a real estate agent for a fresh perspective or new strategies might also help>> ME :)
WhatsApp me at: ABLE Toh (65) 98 56 92 55 or through this link.:https://wa.me/6598569255
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like renting / selling, buying / or investing, I'm here to help!
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*** You can reach me at my Singapore mobile: (65) 98 56 92 55 or email me at Able.selling@gmail.com.
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*** Here are some exciting condominium launches in Singapore scheduled between June and December 2024:
Sora - Located at Yuan Ching Road in District 22, this 99-year leasehold development is set to preview in June 2024. Sora offers a mix of modern amenities and scenic views near Jurong Lake.
Kassia - A freehold development in District 17 at Flora Drive, set to launch in July 2024. Kassia is designed for those who appreciate luxury living in a serene environment.
8@BT - This 99-year leasehold property at Bukit Timah (District 21) is expected to launch in September 2024. It caters to families looking for prestigious schools and nature reserves nearby.
Newport Residences - A highly anticipated freehold development in District 2 at Anson Road, launching in Q4 2024. It combines luxury living with proximity to the Central Business District.
Skywaters Residences - Situated at Shenton Way (District 1), this 99-year leasehold project is ideal for those seeking a prime location near Marina Bay and the financial district, with a launch expected
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