1 Answer

askguru expert
Hi there, thanks for writing to us on AskGuru.

The resale market price is based on the indicative valuation of the respective HDB estates. It is also based on a willing buyer and willing seller basis. While you may try to bargain down the asking price, it is not likely the seller will agree to such a huge drop in price, especially if the median price of units in the estate is asking for that price.

A practical solution is to buy in an area that is within your budget.

Hope this answers your question.

Best Regards,

Team PropertyGuru Read More