There is also a relationship issue in how the proposal is delivered. Give the tenant enough time to consider it, explain that nearby asking rents informed the review, and invite a counterproposal. I would avoid saying the property is definitively worth S$12,140 unless there is evidence of...
Use two strategies rather than one rule. For renovated homes that fit your needs, decide your maximum and act promptly. For dated stock near 27 days, estimate the work required, ask why the seller is moving, and submit a reasoned offer rather than waiting mechanically for a cut. Until you have...