To be honest, if you are looking to buy at the price you have mentioned and the average transacted price is in the stated range,I dare say that you stand no chance in securing a unit for the agent who has the chance to market such a unit will likely purchase it himself or herself.
Real Estate Consultant
CEA Reg R014783H
I understand that you are willing to purchase it at $4xxk but in order for this to happen, someone would need to sell their existing unit at $4xxk!
As you have already done some basic research, you would know that Wing Fong Mansions is one project that has one of the highest rental yield in Singapore(based on a research last year).
The interesting about the price you are offering can be liken to purchasing a plate of chicken rice at the food centre. Everyone who is able to pay a fair value of $3 is able to exchange it for a plate of chicken rice. But no matter how much you shout about only paying $1.50 for it, you are not going to get yours.
That is how serious the sellers are.
Huttons Asia Pte Ltd