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I am interested in finding a freehold landed property at a steal for A&A or rebuilding—is it okay to quote a much lower price if the house is not liveable?

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If you are looking for a freehold landed property in Singapore at a steal, especially for A&A or full rebuild, your best strategy is to focus on older or original-condition homes listed below typical market rates. It is entirely reasonable—and quite common—to offer a much lower price if the property is not liveable, as significant renovation or reconstruction costs are expected.
To increase your chances of securing such a deal:
- Regularly monitor the freehold landed listings on EdgeProp Singapore, and use search filters to zero in on properties described as “original condition” or “major A&A potential.”
- Analyse recent transaction data and use tools like fair value estimations to objectively assess whether the asking price is attractive, and to support your negotiation.
- Engage the seller or agent with your renovation or rebuild plans in mind, and justify your lower offer by highlighting the condition of the property and the additional investment required.
- Move quickly if you find a property that fits your criteria, as undervalued landed homes are rare and can attract strong competition.
Offering a much lower price for unliveable homes is not only acceptable but sometimes expected in the market, especially for properties needing extensive work before occupation. Just ensure your offer is backed by sound reasoning and relevant market data for the best chance of success.
Thank you for reaching out to EdgeProp Buddy. Please note that I'm still in Beta mode. For detailed insights, it's always a good idea to consult with a real estate professional on topics like this.