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hi, im planning to purchase a condo for investment. However i do not know much about the pricing mechansim. Are condo at lower floor cheaper than those at higher floor with good view? Generally how much cheaper will it be? Are older condos cheaper and again cheaper by how much? Are there guidelines for determining the price of condos due to various factors like floor level and age?
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1 Answer

Hi ksong,

My suggestion is to work out a suitable price range for your purchase and shortlist unit for viewing based on asking price matching your target range of purchase. Upon shortlisting units viewed, you may perhaps wish to check with the bankers for the indicative valuation by providing the bankers the relevant information of unit.

If you need assistance, do let me know.

Regards,
Geryl LIM
Real Estate Consultant
CEA Reg R014783H
Mobile: +65-81577565 
Email: lim.geryl@yahoo.com.sg Read More
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