Squarefoot is relatively new and yet it has been buzzing the Realtor’s arena as the new kid on the block which delivers property data putting itself in the ranks of StreetSine which has a more mature Singapore Realtors’ market share. What makes Square Foot tick?
Under market watch, you would be able to check out the trends on the shoebox units (definition: units less than 500sqft) in the market which is of interest to many property investors as of late on how they are doing, prior and after the TOP status on their annualized gains. You have interesting details such as returned units in the market, where such data is rarely available. This would give a more accurate forecast of the actual units which is being sold in a primary market as depicting whether the units are fully sold out (whether phases of their marketing is really doing well since you can get a good picture of how many units are returned back) Continue reading “Square Foot – A New Contender Tool in Singapore Property Analysis”→
As Blackberry loses its market share further and failing to roll out its BB OS10 this year, I’ve mawkishly swapped to the latest iPhone 5 since we are promised by Apple that it should have a better standby battery life and talk time (the main disadvantage of the phone since the battery is integrated).
Geared with the iPhone as the main arsenal to my business, here are my must have apps for work which you might find them useful for you as well:-
The best tool ever developed to help agents get the earliest possible information on the local property market real-time. Use this and you look like a pro anytime, anywhere :) I’m on the investor subscription since Streetsine was born and I’m still loving it. Benefits of using this app includes
real-time update of property prices
location & amenities around 2km vicinity
comparative projects around search subject
useful listings from fellow Realtors using Streetsine
If you do not deal with commercial properties, you can opt for the Professional version (S$659 annually). If you’d like to use two instance of the app in both your iPad and iPhone, go for the Investor version ($959 annually).
Is this going to be a dream team for property agents and home owners? I love StreetSine reports as they always allow me to give the best and most accurate presentation to Homeowners on what is happening to their housing rentals and values. But to team up with iProperty for property listings. Hmm, It seems grey.
Anyway, here’s the press release from StreetSine
30 April 2010.
StreetSine Pte Ltd, Singapore’s leading provider of property information and analytics, is pleased to announce that it has teamed up with iProperty.com.sg, Singapore’s leading property search portal.
StreetSine will display iProperty property listings on www.streetsine.com. This means that when a property agent posts a home listing on iProperty.com.sg, it will automatically be displayed on StreetSine’s webpage, at no additional cost.
Now, StreetSine brings in more good news with more helpful data for home seekers and home owners.
Dear StreetSine.com User,
Since the initial launch of our private residential Home Report service a few months back, we’ve received numerous positive testimonials from our users. Home hunters, investors and agents have told us that they’ve found their ideal homes faster and smarter with the service.
Today, we are excited to announce a list of upgrades from our user feedback.
1. We now track Days on the Market (DOM)
2. We also track price adjustments to property listings
3. We have added district trends to our other trends
4. We have substituted the Median Asking PSF for the Index Price in the executive summary so that the user has more flexibility in how he uses the Index Price
5. In the drop down for landed property report generation, we have allowed for search by street. We have also included the landed square feet in the drop down. The latter will aid in the quicker selection of comparable properties.
6. Made the summary report more user friendly by making several changes, such as changing the figures to PSF.
For the Agent:
7. At the top of the Home Report, agents will soon have the option to enter their client name so that it reads “Prepared for (client)”
8. We have enlarged the “Prepared by (agent)” at the bottom of the page as well as added a disclaimer for the agent
The generation of report takes no more than 30 seconds and it’s being generated in pdf (20 plus pages, could be more) so you could send it directly to your client’s email for their references.
Tsk tsk, I save trees by sending to their emails instead. During presentation, I’ll be using my IBM X61T tablet so we could just draw on the report itself to make an impact on emphasis on any clauses in the report.
As professional Realtors, we do choose our listings, try to manage our time and effort when it comes to dealing with our buyers and sellers; The report generated by StreetSine references to the latest official statistics and data from URA. The reports act as a pivot point as data comes from official sources which would give a fair indicative of how the current market is doing.
Both parties would then know that an agreed price in terms of rental or sale if not far away from the recommendation would be an acceptable range.
You save time by closing deals more effectively.
The statistics generated impresses me. And if it could impress a professional like me, it should do more delight to your clients when you present it to them. I find the ‘Amenities within 2km’ and ‘Similar Projects’ very useful for presentation.
Should I get per report basis at $25 each or just pay $899 for an annual subscription for unlimited report generation?
It costs $25 to generate an individual report. If you’re a home owner who’s curious about your property data, I would suggest you just purchase one report. But for fellow colleagues, take the $899 option, whatever that you’re closing will make you way more folds than the subscription.
It’s just part of your business cost, tax deductable.
They’re also having a current special promotion. If you’re using my referral link to subscribe, you’ll save an additional of $200, discounting it to $699 effectively.
Bah why not share with my colleagues to get the account?
I would strongly object to this move. These things are intellectually StreetSine’s rights and I’m sure they do monitor your usage.
Also, your name, Real Estate company and phone number is included automatically in the report, so why go through the hassle of having a possibility of your account suspended or editing the data with your own signature?