According to my observations, someone may negotiate a price of between 10% and 15% between December and early February (depending on the seller’s circumstances).
I found that some developers were willing to negotiate and give some credit for the kitchen or a better budget for the flooring and doors, especially for off-plan residences.
With the state’s incentives and the expectation of lower rates after February, how do you feel about the market?
Just sold my 1-bed apartment after 3 weeks on the market.
Got 4 offers, 2 great, 2 decent, and about a dozen visits. Sold for 4% below asking. Can’t complain!
Historically, real estate prices tend to soften between December and early February due to lower demand. This can be an opportune time to negotiate better deals.
Developers often provide incentives like credits for upgrades (kitchen, flooring, doors) to attract buyers for off-plan properties. This can be a strategic advantage for buyers.