Typically most of the buyers are looking for properties through PropertyGuru.
But surprisingly, this property portal does not provide any services related to fire sale condo or undervalued properties. Gathering market information to estimate the market value of the property and check if there is fire sale condo could be a very time-consuming process.
Therefore, EdgeProperty implemented the unique feature into their property portal. Today, you can let the technology do the work. TheEdgeProperty Map can pick out undervalued listings by comparing the property’s asking price against its fair value. Other than that, the map search function even allows you to spot for undervalued properties within a preset radius of a certain landmark.
A property listing will be shown in the yellow marker when the asking price falls below the Edge Fair Value, which is a valuation tool developed in collaboration with licensed valuers. The Edge Fair Value takes into consideration factors such as comparable transactions, floor level and size.
Click here to try out.
Note: EdgeProperty was renamed EdgeProp since Aug 2017.