It’s all about finding the most affordable price when purchasing the home of your dreams. While you may be able to bargain prices on a house which is already constructed however, if you’re buying a brand new one, you’re in the hands of the builder. Are you sure? It’s a common myth that the prices for new construction are fixed. There’s actually some wiggle space if you know where and how to find it.

Take a walk through the area

Builders are aware that certain lots are preferred over other ones. A cul-de-sac, for example is more tranquil and less busy than an area with a corner. Both lots are priced according to their value and the cul de sac lot being more expensive. Your builder will likely show you the more costly lot. If New Singapore Property Listings don’t care about an expensive lot or are content with a corner lot that costs less, spend some time walking through the lots to find the one that is most suitable for you.

Check out comparable sales

It’s not a problem that just because it’s a new construction does not mean that it doesn’t have comparable sales in the region. By looking at the prices of similar homes in the area you’ll get a better idea of what the new build is truly worth. There’s no doubt that you’ll pay more to enjoy the benefit of being the house’s first owner however, you’ll be able to negotiate a lower price based on comparable Singapore new homes. Request your builder to collect comps on your behalf or consult the public records of the county. It’s also a good method to ensure that you don’t overpay due to the current selling climate.

Price Check Upgrades

The improvements are a huge draw for those who are looking at Singapore new homes for sale. The higher end finishes and floors and the ability to pick exactly what you want, allows you to make your home a place that is yours to own, but it comes at a cost. The price does not have to be prohibitive. Compare with different contractors to find out what they cost for the same upgrades as your builder. Then, you can use this information to negotiate a cheaper price or have the more affordable contractor install the upgrades. It is also possible to find a builder that includes upgrades as a standard feature and doesn’t charge more.

Ask about incentives

To attract potential buyers the builders often offer incentives. For instance, you could receive an incentive to close in one month, or a rebate to use the preferred lender of the builder. Contact your builder to inquire about incentives they may offer to find out the amount you could be in a position to save. One incentive you might want to ask about is the possibility of purchasing models homes. These homes are built on top of lots and come with all the modernizations that buyers need to make them buy. Since they’ve been used as models and are no longer considered new or custom, therefore you can purchase the same homes at a lower cost.

It’s a big wish to own a home. It’s an exciting feeling to be the first owner. It’s possible to keep costs lower by understanding how costs can be cut without sacrificing quality or luxury. You can find the house that you’ve always wanted by using the right information and simple bargaining.