Dear Mr. Tan,
Your website has the additional information of stating the floor of the unit which all other websites do not offer. Of course we can try to make a guess but not quite accurate as knowing the actual floor number.
Another advantage is the comparison you provide with other condos. I wish I had done this before selling my unit. I was a first time seller and naively thought that my agent (who is a family member's good friend!) would have done all that is necessary to get me a good price.
Unfortunately she based her pricing on an earlier sale in my condo and told me that an offer of $X was good. I was quite shocked to have that offer and asked her if the market was picking up. She told me it could a temporary thing and made me commit just after 2 viewings and 1 offer!
I must say that it was my fault in trusting that my agent would get me a good price. I bought the property for $X and sold for the same price. It is a high floor. Later I got to know that the ground floor unit was sold for a higher price.
If I had waited just one month, I would have made 80K. At the current price, I would make 100K. The painful thing is that I was not even in a hurry to sell. I had a wonderful tenant who was keen to extend for another year. Guess this is a painful and expensive lesson that I have to learn.
I suggest that you add a listing of units sold more than 2 years ago or a history page
www.easysearch.sg (Real Estate Data)
Wednesday, September 16, 2009
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