Consider comparables
What have other flats/homes in your neighbourhood been sold for recently?
How do they compare to yours in terms of size, upkeep, and amenities?

Consider competition
How many other flats/homes are for sale in your area? Are you competing against new flats/homes?

Consider your contingencies
Do you have special concerns that would affect the price you will receive? For example, do you want to be able to move in two months?

Get an appraisal
For a few hundred dollars, a qualified appraiser can give you an estimate of your flat/home’s value. Be sure to ask for a market-value appraisal. To locate appraisers, contact the Singapore Institute of Surveyors and Valuers (www.sisv.org.sg) or ask your Accredited Agent/Salesperson for some recommendations in the case of private property.

Ask a lender
Since most buyers will need a mortgage, it’s important that a flat/home’s sale price is in line with a lender’s estimate of its value.

Be accurate
Engaging a professional appraiser to ensure that the accuracy of the judgement on the HDB flat/home’s value is produced. For HDB flats, all values are provided through HDB's panels of Valuers which are private professional appraising entities.

Know what you will take.
It is critical to know what price you will accept before beginning a negotiation with a buyer.