Whilst there is oversupply of local housing there is and supply of good quality properties and huge reduction from asking prices aren鈥檛 possible. Discounts range between 10 to 15% of original asking price but the final rental depends on other factors. Most landlords provide a furnished property for expatriates. A second hand property should be freshly painted and any damages repaired. Electrical lines, appliances and plumbing should be serviced with evidence of this given to tenant. Agents will usually charge a landlord/tenant or both for renewing a lease so ensure that your period is lengthy enough. You can sign a 3 year lease with an option to renew in the second and third year at the same rental amount or market price. To read more about contracts please visit our article on Contracts. Rentals prices are 鈥渁sking prices锟斤拷? Final rentals are influenced by a number of criteria. Below is some advice on negotiations:

The landlord may not want to lower the rental due to the following reasons:

  路The property is of good quality

  路Landlord has better offers in hand

  路Landlord not in hurry to rent out property

  路Landlord may believe property is of certain value   

  路Landlord may not want to pay full commission

  路The agent鈥檚 lack of experience in negotiations

  路The agents need of a high commission

A prospective tenant can get lower rentals if they follow some of the advice below:  

  路Pay rent on quarterly basis

  路Don鈥檛 request for extra items

  路Don鈥檛 ask to remove items

  路Pay rent in USD

  路Sign a longer lease term than requested

  路Take the property unfurnished (if not furnished)

  路Commence the contract as soon as possible

  路Don't get and offical tax reciept (Fapiao) unless necessary