Yup agreeed with what JJ said, you need to consider the location. Where is this place that you are saying?
Most imptly, is it near the mrt, bus or any shopping centres?
coz i feel $25k upfront cash is too much, unless you have such an amt at hand, and u feel that u love the hm and will enjoy living, then it's worth the investment. Furthermore, it's not at a high level & asking so much above evaulation. Is it a corner flat?
You shld ask ur agent if there is room for negotiation, saying that u have interests in the flat, but maybe much lesser, and u state your price.See if the owner is willing to let go at that price that u have stated.