Take your time. There's an oversupply of property. There's no need to rush. The buyer is King.
It’s a waiting game. If you have a cash/mortgage offer in principal you are in a strong position and can buy whenever you want.
Tell the Agent, you’ve decided not to buy, but if they have someone below market value that you would consider.
Give them the feeling that you don't want to buy.
Ignore the Asking price.
Do some research. Look at the transactions for similar-sized units in the same development, as well as similar developments closely. Not only are sellers competing with similar units in the same block, but they are also competing with similar units in the vicinity.
Get 3 different valuations. Look at the lowest valuation and start with 20% lower than the lowest valuation and start negotiating from there.
https://www.hsbc.com.hk/mortgages/to...rty-valuation/
https://www.sc.com/hk/others/property-valuation.html
https://www.hkbea.com/html/en/bea-mo...valuation.html
https://evalhk.cushmanwakefield.com..../Home/Index/en
https://www.bochk.com/m/en/mortgage/expert/expert2.html