QUOTE(sheahann @ May 14 2015, 12:01 AM)
Which are the examples of "subsales go down the drain" that you saw from the site data?Now that the actual transaction data is available for all to see, please support your statement with examples instead of just making sweeping assertions.
Based on the data analysis by theedgeproperty.com, markets like Mont Kiara & Brickfields are still performing. Though transactions have dipped slightly, prices are still strong:
PROPERTY SNAPSHOT Mont’Kiara prices rise 7.8%
http://www.theedgeproperty.com/my/content/...-prices-rise-78
PROPERTY SNAPSHOT Brickfields prices hit new high
http://www.theedgeproperty.com/my/content/...es-hit-new-high
Point to note about JPPH data shown on both sites:
While both source data from JPPH, comparing between theedgeproperty.com and brickz.com, I've found brickz.com has slightly more updated transactions for some condos. While theedgeproperty.com is missing some November & December data, Brickz.com has up to January data for certain condos.
Also one thing to note about data from JPPH, the transaction dates shown follows the SPA date, HOWEVER the data only enters the JPPH database after the MOT. This typically happens 3 months after the SPA has been stamped, but can sometimes take much longer than that. In the case of foreigner purchase, the MOT may only be completed 6-10 months after the SPA. For example, a Mont Kiara condo I sold end of last year has an SPA dated in early December. However as the purchaser is a Foreigner, they just obtained state consent a few months ago. For this sale, eventhough the transaction date is in December 2015, it does not appear on Brickz.com or Theedgeproperty.com now eventhough other December 2014 and one January 2015 transaction is already shown. It will most probably only appear in JPPH database when they do the update for Q2 2015.
So while both sites show transacted data up to Q3/Q4 of 2015, if you check back 3-6 months later, there will often be additional transactions in Q3/Q4 that was not there initially.
This post has been edited by R o Y: May 14 2015, 11:49 AM
May 14 2015, 11:48 AM

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