To put it simply, it is a matter of who wins the holding out period. You may wish to offer a lower price for rental to see if landlord accepts your offer. If landlord accepts,you win.Otherwise, you will require to seek other options or improve your offer.If you are not n a position to wait any longer,you either accede to the asking rent or look for a cheaper alternative.Same thing for landlord who cannot afford the wait for a good offer,they will also need to make do with a lower offer.
Senior District Manager/Real Estate Consultant
CEA Reg R014783H
ECG Property Pte Ltd (L3009759F)
Dynamic Alliance Group @ http://www.dag.com.sg/
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