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 The Edge Property & Brickz.my, Actual transaction data

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legioss
post Apr 22 2016, 11:42 PM

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past prices is not an indication of future prices, it's all about demand and supply at the transaction moment

i have been surveying some condo in city center and noted the average asking price shown in prop wall is really coming down
legioss
post Apr 23 2016, 12:33 PM

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QUOTE(langstrasse @ Apr 23 2016, 09:38 AM)
Please share links here
Propwall shows asking prices which are always inflated by agents/owners, while Brickz and EdgeProperty show actual transaction data based on JPPH. The latter is a much more reliable benchmark, which is why these websites are providing them because previously the transaction data was difficult to access.
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when the market is softening, dont be surprise that the asking price will deflate instead of inflate compared to actual transaction price for past 1 year, anyway, you can only rely on actual transaction for past 3 months, anything older than that is not a good indication, i doubt brickz are so updated
legioss
post Apr 24 2016, 12:32 AM

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with family getting smaller in the long term, i really doubt those big houses launched recently will be in high demand in future, whether for sale or rental, those landed with nice parks or gardens is quite attractive to retirees but being old, big houses can be quite hard to maintain, some retirees would rather stay in a studio
legioss
post Apr 27 2016, 08:58 AM

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QUOTE(kh8668 @ Apr 24 2016, 12:33 AM)
Now new landed come with dual key concept. ;@
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Wow, this is new to me? which project got such thing?

 

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