The Edge Singapore magazine has just made accessible a feature that promises to estimate the current value of your home.

We tried it --- for a given addresss, the result was a let-down. It couldn't give a value as there have not been recent transactions in the area.

With another address, we got lucky. It did provide an estimate and gave data on comparable units in the vicinity that were transacted recently. Cool!

Try it. Click here

The Edge says its new feature has the following merits: 

Endorsed by professional valuers with over 30 years of experience

 

Dynamic valuation which takes into account market trends

 

Back-tested with 90% accuracy to actual transactions



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