#38 Cracking The Condo Code 7: How to Leverage Real Estate Data to Forecast Your Next Move
Episode description
The year-to-year price index this year has been increasing at the slowest pace. How will we end 2023 and head into 2024? Buyers like to look at past data when talking about real estate, but we’ll show you how to use them to properly evaluate the supply and demand, and how that could affect your exit strategy.
Melvin Lim from PropertyLimBrothers assesses the chart decks that our REKI Team has done for listings and its correlating transactions, and what to look at when buying a property, be it overlapping statuses or similar price points. Don’t miss this episode where Melvin analyses past data, connecting actual supply and demand statistics. Do check out our charts on: https://www.propertylimbrothers.com/research/ (00:00:00) Introduction (00:01:23) Past transactions (00:04:32) Number of Landed Private Transactions (2023 Jan-Sep) (00:06:15) Current Available Landed Listings (Oct 2023) (00:08:37) Most popular real estate portals (00:11:13) Demand and Supply (00:13:35) Singapore Property Sale Market Index (00:13:51) Absorption Rate and Disparity Effect (00:20:52) Conclusion (00:21:40) Bloopers