Buying a home is about getting the best price. However, while you can negotiate the price of a home that’s been built, if you’re buying new it’s dependent on the builder. Are you? It’s a common misconception that the prices for new construction are fixed. There’s actually some wiggle room–if you know where and where to look for it.

Take a Walk

Builders know that some lots are preferred over others. For example, a cul de-sac lot is quieter and less crowded than corner lots. Both lots are priced accordingly, with the cul-de-sac lot selling at a premium. Naturally, your builder will likely present you with the more costly lot. If you don’t care about an expensive lot or are happy with an area that is less, you can be patient and stroll through the lots to find the one that is most suitable for you.

Take a look at comparable sales

It doesn’t necessarily mean that the home is brand new however, there are similar homes that are located in the same region. You can get an idea of the value of your new house by looking at similar properties in the area. You’ll still pay a bit more to enjoy the privilege of being the home’s first owner however, you’ll be able to negotiate a higher price based on similar Singapore new homes for sale. Ask your builder about comparables or for access to public information. This is a great way to make sure you aren’t paying too much, based on the current market conditions.

Price Check Upgrades

One of the main reasons to those who are looking at Singapore new apartments for sale are the upgrades. Higher end floors and finishes as well as the ability to pick exactly what you want will allow you to create your new house a home that is yours to own, but it comes with a cost. The cost doesn’t need to be outrageous though. You can check with different contractors to see what they cost for the same upgrades as your builder. You can then utilize this information to negotiate a lower cost or have the less expensive contractor do the upgrade. You can also search for a builder that offers upgrades as an option and doesn’t charge additional fees.

Ask about incentives

To attract customers the builders often offer incentives. A credit may be given in exchange for closing within a particular month, or a discount if you use the lender that is preferred by the builder. Contact your builder to inquire about incentives they may offer to find out the amount you could be able to save. It is also possible to inquire about purchasing an actual model property. New Launch Condo Singapore are built on top-quality lots and come with all the options to persuade homebuyers to buy. They’re not considered to be original or unique since they were built as models. That means you could get them at a much less expensive cost.

Buying a new home is an exciting goal. To become the first owner, put your own touches on it and know that the property is all yours is a wonderful feeling; but it’s an incredibly satisfying feeling, but it isn’t without cost. It is possible to keep the price lower by understanding how costs can be cut without sacrificing quality or luxury. You can have the home you’ve always wanted with the right information and some easy negotiation.