Tuesday, December 16, 2008

Search for a private property

I started to search for a private property, as the property prices must have corrected. I went to StreetSine and found it to be very useful. Here is the link:
http://www.streetsine.com

I looked for new condominium projects in districts 1, 2 and 3 and saved them in MyOrganiser. I looked at each project, to see the price trends and the properties available for sale. Several of the projects have shown a 20% reduction in price in recent months. The price may fall another 10% to 20% more, but it is time to understand the market.

There is a useful SQI index which gives points for the amenities in the nearby areas. Most importantly, I could see the map and the distance to the MRT station.

I was able to view "List Nearby Properties" to see the properties that are available for sale. I was able to send a SMS to the advertiser, which is usually a property agent. This is a convenient way to search for a property.
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5 comments:

vertigoer said...

That is a pretty good implementation of Google Maps. Good work streetsine

December 16, 2008 10:03 AM
Anonymous said...

Interestig site. Thanks for sharing...

December 16, 2008 4:38 PM
Junyang said...

Thank you for your kind comments. A new and exciting property report feature will be launched next month. Simply by keying in the project or unit number, you will get a full PDF report with all the important sale and rental pricing information. This includes the last sale price of that unit even if it goes back by 10 years.

Stay tuned.

December 17, 2008 12:56 PM
Anonymous said...

Jeremy is that special feature free of charge - though I very much doubt so. If it is a paid service, then no big deal, as of today we already have similar reports and tools to do that.

December 18, 2008 12:15 AM
Junyang said...

The report is unique. Proprietary computer algorithms are employed to crunch large amounts of data set. The result is an extensive and unbiased information for a single property unit. For property buyers and renters, you can expect to see the pricing range within and amongst comparable estates, price index changes, monthly mortgage affordability, listing prices, etc. For investors, you can compare investment ratios such as the rental yield.

All within the click of a button.

December 18, 2008 1:50 AM

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