Selling a property, need advice

Unforseen circumstances are promptng me to sell an apartment I bought less than a year ago. Can anybody advise me on the sales process and costs of doing this.

I understand the value of the property is determined by similar flats in the same building's recent sale price. Problem is my flat is in a new

development and as far as I know no similar size apartments have been sold on the secondary market yet!

Also, a real estate agent has told me the fee is 1% of sale price. I've heard that this can be negotiated. Any views on this?


I also need advice on how much stamp duty is, approximate cost of lawyers etc.


Any advice on whether it is better to sell it directly (ie. via this site) or to use a real estate agent?

I really am feeling in the dark here so any advice is appreciated.

http://hongkong.asiaxpat.com/property/default.asp?type=14

Thanks for the advice people, much appreicated