Every day we read in the media all sorts of property data, research findings and market forecasts. They come from different organisations, authorities, industry stakeholders or government departments. Have you ever wondered how these people come up with those numbers and insights? How reliable are the information and data they provide? Can you trust the official property … [Read more...]
Podcast Ep#18: What Q3 Property Data Tell Us
On October 26, URA released the 3rd quarter 2018 real estate statistics. Let’s study them in details to see what the latest property numbers are telling us. I will share with you four things In this podcast: 1) Where the numbers show the shrinking size of buyers in the market; 2) Why the developers are not doing so well in Q3; 3) Why Rest of Central Region will … [Read more...]
Podcast Ep#11: Property Market After New Curbs
It has been a month since the introduction of the new cooling measures. In this episode, we will check the impact of higher ABSD and lower loan-to-value on the property market. 1. New Launch What are we seeing in the new launch market and what is going to happen next? 2. Collective Sale Market What is happening in the collective sale market and what are owners … [Read more...]
Property Tool Review: SRX’s Sevi Chatbot
Last Saturday, I decided to try out Sevi, a new property tool newly launched by StreetSine Technology Group . It would be good to know whether it is useful for a first-time buyer or an ordinary property investor. For your information, Sevi (Search, Evaluate, Valuation, and Initiate transactions) is an AI (Artificial Intelligence) chatbot that answers property questions from … [Read more...]
URA’s reply for “Public deserves reliable, consistent data”
I have written to The Straits Times Forum regarding the problem of inconsistent and incomplete private property transaction data. Below is my letter (Dec 18, Thursday) and reply from URA (Dec 23, Tuesday). Public deserves reliable, consistent data Published on Dec 18, 2014 THE computation of the HDB’s resale price index has recently been improved to give a more … [Read more...]