Rent negotiations - norm

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CamExpat
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Rent negotiations - norm

Post by CamExpat »

I've made some appointments to see some condos/apartments via realestate.com.kh. I was wondering what the norm is in negotiating rents downwards. i.e. to landlords typically expect 10% or 15% reductions in negotiations? I realize it will vary depending on the landlord, location and length of time the unit has been empty. However I was wondering if there are any norms around this.

I've read Vladimir's excellent article on finding a place to live in Phnom Penh. Unfortunately I don't have the time to carry out his apartment hunting methods.
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Duncan
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Re: Rent negotiations - norm

Post by Duncan »

CamExpat wrote: Fri Jul 26, 2019 7:46 am I've made some appointments to see some condos/apartments via realestate.com.kh. I was wondering what the norm is in negotiating rents downwards. i.e. to landlords typically expect 10% or 15% reductions in negotiations? I realize it will vary depending on the landlord, location and length of time the unit has been empty. However I was wondering if there are any norms around this.

I've read Vladimir's excellent article on finding a place to live in Phnom Penh. Unfortunately I don't have the time to carry out his apartment hunting methods.

If you look like a respectable tennant and have told them you are willing to sign a long term lease , I would make a ridiculously low offer and then wait around for a reply. The reason being ,, there are thousands of places up for rent and good tennants are hard to find .
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
CamExpat
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Joined: Tue Jul 02, 2019 9:27 pm
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Re: Rent negotiations - norm

Post by CamExpat »

Thanks, what qualifies as ling term? 6 months? 1 year? 2?

I'll be around for a while, but was thinking starting @ 6 months to give myself some time to get a feel for PP.
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