Am checking my house's market value, but i coundn't find an actual value for my house because the prices shown differs from one another within the same area and type of housing.
How about the factors of Bumi/Non-bumi lot, Malay Reserved/Non reserved, Free/Leasehold, Renovated/Basic, 90% or 50% loan approved etc? As these factors can greatly affect the house value.
I am wondering how is the 'Market price' determined by this website?
by Loan amount? or Actual value by bank?

Take SS17 for example.


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Why brickz?

The source of data on Brickz is from the Valuation and Property Services department (JPPH) which officially records a property transaction once the stamp duty for the Sales and Purchase is paid.

Brickz has been compiling these officially recorded transactions since August 2014 and will be updating the transacted data on a monthly basis. All transactions represent sub-sale transactions only. View FAQs about the data

What if the purchaser paid 200k downpayment for a 600k house? will it shows 400k or 600k in brickz.my? doest it reflects transacted value or Actual bank valur?

Brickz records actual transacted price shown in SPA. You seem to place a lot of importance on "actual" bank valuation? There is no such thing as actual bank valuation. Valuations varies across banks if they are valued by different valuers.

So, you tell me, brickz will record 200k or 600k? Is 200k an important figure?

This post has been edited by aspartame: Feb 22 2016, 05:04 PM

Some prime areas in Malaysia do have market value. You seem dont understand about market value well. So i will leave it to next person to answer.

their sauce from http://www.jpph.gov.my/index2.html

I tried to use brickz a bit, but sometimes I am kind of suspicious of the data there.

Maybe they do contain certain % of errors, possibly due to manual data entry error.

brickz shows the transacted price. Not the bank valuation. you will need to approach the bank for their valuation.

market value is very subjective. nobody can give u a definite answer for that.

Bank valuation also will refer to the SPA transacted in the same area with closest to your property type, even best is same taman, same type of prop, and same size of prop.

Most valuation only will stated the value of your house is doable or not on the value, there will be no fix value of your property...

Brickz give actual SNP price, but don't know the actual transaction because of markup and markdown is common due to certain reason.

Normal what, house is not gold or share which sold in a fix price, is between buyer & seller to determine the price.

Loan has nothing to do with the price, if the house sold for 600K even your down payment is 599K it will still show 600K

Brickz show Transact price aka S&P price

it shows transacted price based on SPA and captured in JPPH database.

TS saw some figures lower than he expected, so he wishfully thinks that the figures might be loan amount.

Sometime I see prices lower or higher than expectation too. If the data is 100% accurate, it means there are fluctuations in transacted prices.

This post has been edited by puchongite: Feb 22 2016, 07:10 PM

I heard from an agent the data is not 100% accurate based on the transaction she has done. However, most transactions she checked is correct. Perhaps, typo or error in data entry.

That's my conclusion too.

Sometimes can have data like this. Anyone has any idea what could be the reason?


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Some transaction family transfer, some mark up and some mark down. Snp price not actual price.

Nope. You are wrong. it's actually higher than i expected.

Yeah now i agree with that. TQ for clearing the air

Yeah now i agree with that. TQ for clearing the air