Condition of the property

Age of property

The age of the property is certainly a factor for a buyer to consider if the pricing is reasonable. But a strongly built aged house can still demand a better price. A newly built house but with lousy materials and workmanship may not arouse the interest of any buyer. If a seller can refresh the house before selling, spending a comparatively small cost can largely enhance the salability of the house. Otherwise, buyers will use the damages, even minor, to negotiate with a much lower price. We cannot say we have to display a flawless house, but a well maintained or clean and tidy house upon showing will certainly work miracle for the presentation thereof. Provide nice clean and tidy picture of the house for your broker or salesperson can definitely attract more inquiry.

Raymond Ong

Global Investment Director – Land Asia Global Properties Network