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How PropKaki estimates your condo’s indicative value

PropKaki PIE gives condominium owners an indicative resale price range based on recent URA-registered transactions at the same development, adjusted for floor level and floor area. It is not a formal valuation, but it helps owners understand a realistic market range before speaking to a CEA-registered agent.

PropKaki’s Price Indication Engine (PIE) compares your condominium or apartment against recent URA-registered resale transactions at the same development. It filters by floor level band and floor area to produce a comparable-based indicative range, and classifies the result by subtype (condominium vs apartment). The result reflects what similar units have actually sold for — not a formal appraisal.

Condo prices are heavily development-specific. Two projects on the same street can differ by 20–30% psf based on brand, facilities, age, and management. PIE’s comparable selection stays within the same development to ensure relevance. When transaction volume in a development is low, the confidence tier will reflect this.

How to use this tool

  1. Enter your postal code — PropKaki looks up your address and auto-fills as many fields as possible from government records.
  2. Review and complete your property details — check the auto-filled fields and fill in any remaining ones.
  3. Get your indicative range — PropKaki returns a price range and confidence tier based on comparable transactions.
  4. Speak to an agent (optional) — request a free, no-obligation assessment from a CEA-registered agent on PropKaki’s network.

What affects your condo’s resale value?

  • Development name and track record — well-managed, branded developments in strong locations hold value better.
  • Tenure (freehold vs leasehold) — freehold units typically command a 10–20% premium over equivalent 99-year leasehold in the same area.
  • Floor level and facing — pool-facing, unobstructed, and high-floor units transact at a premium within the same development.
  • District and proximity to MRT — CCR (Districts 9, 10, 11) commands the highest PSF; OCR offers stronger quantum value.
  • Floor area and layout efficiency — psf values tend to be higher for smaller units; buyers often compare on absolute quantum.

Common questions

What is PropKaki PIE?
PropKaki PIE (Price Indication Engine) is a free tool that gives Singapore homeowners an indicative resale price range for their HDB flat, condominium, or landed property. It uses recent comparable HDB and URA-registered resale transactions filtered by property type, location, size, and floor level.
How does PropKaki calculate the indicative price range for my condo?
PIE searches for recent URA-registered resale transactions at the same development, filtered by floor area proximity. It uses two tiers — a tight tier of very recent sales and a wider 12-month tier. Floor premium and size adjustments are calibrated from the development's own transaction history, so comparisons stay within the same project.
Is this an official property valuation?
No. PropKaki PIE is an indicative price range tool, not a formal property valuation. PropKaki is not a licensed valuer under Singapore's Appraisers Act. For a formal valuation — required for bank loans and CPF usage — engage a licensed valuer.
What data sources does PropKaki use for condo prices?
Private residential transaction data comes from URA's Realis database, accessed via URA's Data Service API. All data is government-sourced and updated as new records are published, typically monthly.
How accurate is the price indication?
Accuracy depends on comparable transaction volume. Results carry a confidence tier — HIGH (many recent comparables), MODERATE (limited comparables), or LOW (very few). When data is insufficient, the tool shows an insufficient data result rather than an unreliable range.
Why might my condo result show insufficient data?
Some developments — particularly smaller or newer projects — may not have enough recent comparable sales to produce a reliable range. This reflects transaction volume in the development, not the value of your unit. A CEA-registered agent can provide a development-specific assessment.
Is there a fee to use PropKaki PIE?
No. PropKaki PIE is completely free to use. No account is required.
What happens after I get my indicative range?
You can request a free, no-obligation assessment from a CEA-registered agent on PropKaki's network who will provide a more detailed, property-specific review.
Data sources: HDB resale records (HDB), private residential and landed transactions (URA Realis), land area (SLA cadastral). Refreshed monthly as new government records are made available. Not a formal valuation. PropKaki is not a licensed valuer under Singapore’s Appraisers Act.