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 www.brickz.my reflects Actual property value?, or loan amount only?

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newbiefinder
post May 2 2016, 10:19 PM

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QUOTE(jonathandeho @ Feb 29 2016, 09:48 AM)
Bravo! Great explanation
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Below are same websites similar to brickz you can refer to..i think almost the same source except their features.
1) http://www.propertypricetag.com/
2) http://propertysia.my/index.php?page=searc...itle=Casa+Kiara - too many data..a bit messy..
3) http://www.propertytransactedprice.com - text only but fast enough.. there is 1 standout feature from this website i.e most-probable-psf ...it sounds logic to me..make more sense..hopefully it will extend to landed properties soon..now only for stratified properties(condo/apartment).

sometimes too many data really can confuse us.. cry.gif rclxub.gif confused.gif which is the latest? latest means the market price ? highest means the good selling price? lowest means the best buying price? cool2.gif
Those median, average price is just a bit too statistic or academic to me.. rolleyes.gif

Wunder list also provides the same in app but slow a bit.


newbiefinder
post May 4 2016, 10:14 PM

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QUOTE(puchongite @ May 3 2016, 08:38 AM)
Always failed to understand these websites. Just compare the search among the websites, one sees different results.

For example, I search brickz for Kiara Residence ( there is no kiara residence 2 to search), the result is as old as Oct 2015. Whereas, website propertysia.my says there a few transactions in 2016.
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Actually Oct 2015 is considered new too

Searched "Kiara Residence" at propertytransactedprice.com, latest is 20-10-15 (brickz=propertytransactedprice.com?)
Searched "Kiara Residence 2" at propertytransactedprice.com, latest is 13-04-16 (that's newest)
newbiefinder
post May 5 2016, 12:54 AM

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QUOTE(puchongite @ May 5 2016, 12:15 AM)
How to search kiara residence 2 from brickz then ?
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I think you need to ask them to addd new scheme for that..
I couldnt any too from the brickz.
newbiefinder
post May 5 2016, 05:49 PM

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QUOTE(puchongite @ May 5 2016, 01:10 AM)
And you know what, it took me a LONG while to figure out how to use propertytransactedprice.com because when I enter the search text and hit the icon next to it which looks like magnifying glass, there is no reaction.

Finally i figured that I have to hit enter key for it to search. So moronic.

I must say all these web sites seems to have so many rough edges. Looks like beta software. LOL.
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I noticed it too.. bruce.gif but it updates the data very fast..1 day later i go back again, the scheme i searched before updated dy..
I noticed that you cannot type the whole scheme name, it will miss out, just part of the scheme name will do..
hmm.gif

This post has been edited by newbiefinder: May 5 2016, 05:49 PM
newbiefinder
post Aug 6 2021, 09:49 PM

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QUOTE(newbiefinder @ May 2 2016, 10:19 PM)
Below are same websites similar to brickz you can refer to..i think almost the same source except their features.
1) http://www.propertypricetag.com/
2) http://propertysia.my/index.php?page=searc...itle=Casa+Kiara - too many data..a bit messy..
3) http://www.propertytransactedprice.com - text only but fast enough.. there is 1 standout feature from this website i.e most-probable-psf ...it sounds logic to me..make more sense..hopefully it will extend to landed properties soon..now only for stratified properties(condo/apartment).

sometimes too many data really can confuse us.. cry.gif  rclxub.gif  confused.gif which is the latest? latest means the market price ? highest means the good selling price?  lowest means the best buying price? cool2.gif
Those median, average price is just a bit too statistic or academic to me.. rolleyes.gif

Wunder list also provides the same in app but slow a bit.
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4) found another new 1, https://propmalaysia.com/property-malaysia-...lue-prediction/ thumbsup.gif
this one is more advanced..artificial intelligence...very good..no need to think, just plug in the details...

newbiefinder
post Aug 9 2021, 04:41 PM

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QUOTE(AskarPerang @ Aug 8 2021, 03:14 AM)
Yes S&P price which is actually not the actual market value of a place.
For subsale transaction, most likely is “mark up price” to bank valuation.

Good example will be:
Flora Damansara - units transacted at 300k.
Mentari Court - units transacted at above 350k.
If you been to both places, definitely you will know it is not worth such pricing.
And a quick check at For Sale ads, can see all ads selling at 100k++ below those pricing.
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I found their comments too on mentari Court...same like your comment..it looks like their AI model also doesnt follow inflated transaction price in brickz too..not bad..more accurate imo..seem they also know the market well..like you.. you also got AI brain rclxms.gif
https://propmalaysia.com/property-malaysia/...-bandar-sunway/

This post has been edited by newbiefinder: Aug 9 2021, 05:21 PM
newbiefinder
post Aug 9 2021, 05:31 PM

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QUOTE(Jdite @ Aug 7 2021, 03:25 PM)
Don't know how credible is this AI but I find that the data is not accurate personally.
I can't even know what comparables they are using. Not credible/accurate to me imo
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I browse thru their AI models..some with actual data...meaning they are basing on some real data too...otherwise, how to do AI model ...data plug from the sky?

I also found out mentari court (quoted by askarperang below)...their comment=askarperang's comment... accurate too...meaning they are doing good research on it..

i m also shocked to find out they got a lot of very old transacted data up to 1970++...impressive...meaning they are ppl in property business..

This post has been edited by newbiefinder: Aug 9 2021, 05:35 PM

 

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