AskGuru Q&A Community

Hi, there are several reasons to it and probably there are many viewers over the weekend and thus the seller decided to mark up the price higher.

Regards
Aaron
 9730 8455 
aaronchong2774@yahoo.com.sg Read More

Hi,

There are many reasons for that to happen, and it is not uncommon for Sellers to adjust prices, be it up or down.

Perhaps you could ask the agent why is the price increased?

I am experienced and well-versed in both HDB and private transactions. I will be able to assist you in your property plans.

Should you need require further assistance in matters relating to property, please contact me at my mobile 9748 6305  . I will be happy to assess and share with you the possibilities for you in the current market.

Thank you.

Best regards,
Robbie Chen
 9748 6305 
PropNex Realty Read More

Dear sir/mdm,

Like what Aaron and Robbie have indicated, there are differing reasons for any adjustment of prices. I have myself purchased my existing home at an adjusted pricing where my seller increased the price after initial listing. It did not feel good definitely, but my wife and I decided to proceed because it fits into our family requirements.

In contrast, I am sure that many will not battle an eyelid in the event where listing price is reduced overnight, which is what most buyers hope for.

Warmest regards,
Geryl Lim
Associate Deputy Group Director
Salesperson Registration No. R014783H
Email: geryl.lim@orangetee.com / geryl7772@gmail.com
OrangeTee & Tie Pte Ltd 430 Lorong 6 Toa Payoh #01-01 OrangeTee Building Singapore 319402
Estate Agent Licence No. L3009250K
[main] +65 6471 8888  [mob] +65 81577565  [LDA] +65 92787772 
www.geryllim.com
-----
Note: We value your home as much as you do! Find out the indicative value of your home at http://bit.ly/UrHomeMatters and get monthly update on your home value. Restructure your portfolio with us, speak to us!

Tenants can visit http://bit.ly/SGExpatRental (Official Rental Requirements - Singapore Expatriates) to indicate your rental requirements.

Visit and Like my facebook page at https://www.facebook.com/GerylLimSince2009/ - Aspiring To Be The Best Real Estate Agent In Singapore

Pick up knowledge, skills and Real Estate concepts at https://www.facebook.com/RealEstateXcellence/

New Singapore Expatriates on facebook is up and running. Come join us at https://www.facebook.com/groups/newsgexpats/

My self introductory video on https://www.youtube.com/watch?v=uZ6REQfdGSw
-----
Landed Dynamic Alliance
Home of *7772 Hotline
Check out our latest Landed Dynamic Alliance 7772 mobile application on iOS or Android @ http://l.ead.me/7772 Read More

Hi;

I think this question would be best answered by the marketing agent itself.. As it could be due to many reasons.. Sometimes owner feels that their asking is too low and want to revise? or could be due to other reasons.. You may like to engaged an agent to safe guard your interest in your property purchase. Feel free to contact me for further discussion.. Thanks

Regards;
Lyna Song
 9623 8442 
Associate Group Director
Propnex Realty Pte Ltd
lynasong@hotmail.com
https://r025113i.propnex.net Read More

Hi

Sellers tend to adjust the market price based on their agent advise taking into account the demand of their current flat and the asking prices within the same neighbourhood or block. Due to urgency in selling their flat, some sellers might sense a high demand from the number of viewings and realised that they have listed their flat at a price too low. However a common reason for price adjustment is when seller do realised that the asking price is way too low compared to other seller's asking price of flat of the same size and in the same neighbourhood. A simple explanation is when you are asking for $500k but your next door neighbour's flat of the same size is asking for $550k. You will then be tempted to increase your asking price to at least $540k as buyers will still purchase your flat as it is still cheaper than your neighbour's flat. I do conduct free and non obligatory consultations in regards to property transactions in Singapore. Do contact me at 93375051  for a discussion on this.

Regards
Taufik Hussein
ERA Realty Network Pte Ltd Read More