How to use home report

To use a comprehensive property report similar to what is described, you would typically need a tool that provides detailed insights into a property. Here’s a step-by-step guide on how to utilize such a report, tailored for the Singapore property market:

Accessing the Report

• Log in to the relevant platform, such as EdgeProp Singapore, and navigate to the section that offers detailed property reports.

Searching for the Property

• Enter the name of the property or the street address to initiate the search. You may need to provide additional details such as the floor and stack number.

Key Insights

• The report will likely provide several key insights:
  • Estimated Price and Gain/Loss: This includes the estimated price of the property and any potential gain or loss.
  • Past Transactions: Details on previous sales transactions, including contract dates, sale types, transacted prices, and prices per square foot (PSF).
  • Mortgage Calculator: A tool to calculate estimated mortgage payments based on loan amount, tenure, and annual interest rate.
  • Project Overview: Information on the number of blocks and units, nearby amenities such as MRT stations and schools, and the number of listings and active listings.

Detailed Tabs

• Sales Tab: This section will show sale price trends, including actual vs asking prices for median PSF. It will also list recent sale transactions, annualized PSF gains, and details on units on the same stack and floor.
• Comparisons Tab: Here, you can compare transaction volumes and median PSF with other similar projects, towns, districts, or across Singapore.
• Rent Tab: Although this might not be available in all reports, it would typically provide rental data if available.

Additional Information

• The report may also include a summary of nearby amenities such as grocery stores, schools, public transport, and shopping malls, presented in both map and list views.

Downloading the Report

• You can usually download the customized report as a PDF for easy reference.

Using such a report can help you or your clients make informed decisions about buying, selling, or renting properties in Singapore by providing a holistic view of the property's market performance and surrounding environment.