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Usually 1st or 2nd offer being rejected by seller / agent as the unit is just being marketed. Afterwhich on average how long will the unit be sold eventually.This is related to hdb property.Appreciate your kind response.
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4 Answers

Hi,

This question is quite subjective and depending on many factors such as unit condition and how intensive is the marketing plan and activity. Its pretty hard to answer your question without more details. Thanks and hope to discuss further and value-add.

Warm regards
Ivan ERA
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  • AM
    Unit condition is 100% renovated and 100% move in condition.
    Above level 7. Morning sun towards balcony .
    Non matured estate.
Dear sir/madam,

I am unsure where you are coming from in this enquiry. I have sold units at 1 single viewing not once but on multiple occasions.

In such instances, sellers are usually realistic about their selling price and have already done their sums financially such that when the offer comes in despite being the first viewer, they readily accepts the offer if it meets their expectations.

I have also met countless sellers who are expecting more than the realistic price that even when an offer comes in slightly above the market pricing but under their expectations, they refuse to budge and only to witness the prices slide down as the market moves.

If you are able to advise more on what is your positioning, we can advise better on what to expect.

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GAN ENG JOO ONASSIS
Hi,

Re: Our Preferred Experienced SG Realtor

This incident likely your offer is below median price for recent transaction that why been rejected twice.

For some cases, the first month of the HDB advertisement- seller usually use it for judging how the market react for it property. Then start to serious consider any reasonable offer at median transaction ...

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Evening,

That would be dependent on the offered pricing. If the buyer offers at very good pricing, above the average transaction price of your estate, it might take a long while before you can get another better offer. However, there are always exception, depending on your unit location.

FYI
Mike Lim
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m52i@yahoo.com
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