GET ACCURATE MARKET DATA USING BRICKZ REPORT

Link to Brickz Report: bit.ly/3x1jJZA
In property investment, it is all about making informed decisions. In order to do that, we will need to conduct research and to me, it's divided into 3 different parts:
The first would be the project research. This is the comfortable stage where we visit fancy sales galleries and show units. Followed by the 2nd stage, which is to check out the site. Here we need to pay attention to the existing components on site such as shoplots, commercial centers, entrance, tranffic condition, pylons or STPs, and etc.
The last part then would be market data research. And here I will showing the main tool I used all these while, which is Brickz Report by PropertyGuru. It helps me determine the exact transacted price of specific units of a project that I'm about to invest. Well even for the unpaid version, it is already super useful.
Definitely a tool that every property investor must use to get the accurate median price of a location before pulling any buying trigger.

[@kevinanand1584]

Wow la sean! to post this on a sunday morning where people get scammed into the whole sales gallery and everything is a really good advice to give at this time man. Keep it up la legit...

[@Simbh1234]

Great sharing. I do find Brickz very helpful in making a purchase decision or to negotiate for better prices.

[@chakradharmaddineni9103]

Great job Sean. I love your videos. Very focused and informative. Been following your videos for the past year or so. Keep doing the great work.

[@theRealAstroNut]

Thank you again for sharing all this valuable information. It would take a new investor years and many mistakes to learn this on their own. Truly admire your selflessness!

[@alexlee2767]

Thanks for sharing the info Sean! The info is concise and helpful👍

[@dylanngan]

Love the content! Straightforward and easy to understand

[@iherng]

:)

[@KimKim-it4sf]

I am all about research, gonna save and archive this video.

[@iherng]

100%

[@Devin69695]

Learnt alot thanks sean!

[@voiceforall7669]

great discussion 👍

[@steve_sam93]

Very informative. Thank you.

[@iherng]

Glad it was helpful Steve. Thanks for watching!!

[@edwardyong457]

This video rly help me make better informed decisions.

[@iherng]

Thanks for watching!!

[@wangjinbiao5865]

great info shared

[@MinimalistInvestor90]

yes we have to pay to get full version (the same data is free in Singapore and swiftly updated), and the data lag is significant esp when agents like to say things like "yea but prices have increased a lot these few months..." but at least we can have a justified basis to determine the right entry price, rather than solely relying on agents' pitches. It will be much better if govt takes this seriously and make the update free and open for all to view. transparency is key if you want the masses to keep housing prices affordable and reflective of actual supply-demand situation. thanks iherng!

[@iherng]

100%!!

[@hafizuddinghafar2867]

I usually double-check with valuer. My valuer will give acceptable price for the area. Including Bank value of the area. Agent can not be trusted 100%

[@patoises]

I think the drone footage is Tropika BJ? Please do a review - curious about the golf views!

[@shaqisumari304]

I used the free one though since 2014, its good a benchmarking

[@iherng]

Yupe! It’s very helpful:)

[@choon92]

Thanks for sharing! Would like to know whats your calculation formula for ROI for rental property?

[@chuahchongthayk9554]

Thanks

[@spirit818]

Hi Sean, wish to know how to get the official source of the transacted property price in Malaysia? Is it originated from government requirement to have this recorded? As Singapore government require all transacted property to be recorded and it's public available data (example: squarefoot, 99co, SRX). I think is this very important to have a transparent and healthy market. Thanks for sharing.

[@harrythian456]

How do I able to check there is a demand for 4 bedroom?

[@laiwengkey9278]

When looking at the transacted price, I always curious there are some property asking lower. Perhaps we need further discount the transacted price due to Mark up loan ? Since SPA price can be marked up

[@iherng]

Well that's a solid point. That's why it's important to use the median price because it's not as common to mark up prices

[@panfusii782]

Thanks Sean. Those data from Brickz is not updated, will you please guide us where to get hold the latest transaction. thanks

[@iherng]

I checked. It’s updated. But of course there will be a period required after the sale because NAPIC also need about 6 months to update their data:)

[@zainulrashid8620]

@@iherng sean since when brickz is under property guru. I thought it was a separate entity

[@luckyeggy6651]

Thanks for another superb tips! However, how accurate is the data? I thought transacted price are mostly confidential and known only between the buyer, seller and bank

[@iherng]

Not really confidential. It’s supposed to be open data. Just that the process of such data takes time:)

[@yeohproperties]

Raw data can also be obtained from Napic website. But it’s so much easier to refer to brickz report though.

[@iamloco666]

It's accurate. How I know? My transacted price in 2015 was accurately reported 😁

[@akilbup4342]

Only landed property especially bungalow, SPA price may not reflected correctly if the built-up areas came with extension.

[@thetechvestor6286]

hey bro i heard that brickz is no longer updated for year 2024, there is a new software by propertyguru that is charging higher price? i forgot whats the name

[@iherng]

You heard from who yea? I will check with the HOD after you verify your source of information:)

[@thetechvestor6286]

@@iherng u go and do a search. i check many JB apartment last update was Oct 2023. Many transactions happening here. cant be all oct 2023

[@lawrencel5831]

pm yellow octopus

[@joonkeatwong7848]

The price increase from 30 to 69...wow...

[@CornerKickSG]

Can anyone subscribe to this? I tried but it seems to suggest that one needs to be a real estate agent/negotiator and had asked for REN number

[@iherng]

Yes anyone.