How PropKaki estimates your property’s indicative value
PropKaki PIE gives Singapore homeowners an indicative resale price range based on recent comparable registered transactions, filtered by property type, location, size, and floor level — sourced from HDB’s published transaction records and URA’s Realis database, both updated monthly as government records are released. It is not a formal valuation, but it helps owners understand a realistic market range before speaking to a CEA-registered agent.
When you enter your postal code, PropKaki automatically identifies whether your property is an HDB flat, condominium, or landed home using government address data. You then confirm the property and fill in key details. PIE compares these against recent registered resale transactions in the same development or area to produce an indicative price range and a confidence tier showing how many transactions supported the result.
HDB resale data comes from HDB’s published transaction records. Private residential and landed prices come from URA’s Realis database. Land area for landed properties is sourced from SLA cadastral records. All data is government-sourced and updated as new records are made available, typically monthly.
How to check what your Singapore property is worth
- Enter your postal code — PropKaki automatically identifies whether your property is an HDB flat, condominium, or landed home. No need to select the type yourself.
- Confirm your property — review the address and property type PropKaki has detected. You can override the type if it is incorrect.
- Fill in your property details — flat type and storey range for HDB; development name and floor level for condos; property subtype and land area for landed. Many fields are auto-filled from government records.
- Get your indicative range — PropKaki returns a price range and a confidence tier (HIGH, MODERATE, or LOW) based on how many comparable transactions supported the result. Then optionally request a free agent assessment.
What affects your property’s resale value?
Factors vary by property type, but the main drivers are:
- Location — proximity to MRT stations, schools, and amenities. District and planning zone.
- Remaining lease / tenure — for HDB, remaining lease affects CPF and loan eligibility. For private, freehold commands a premium over leasehold.
- Size and floor level — floor area and, for high-rise properties, floor level are primary comparable variables.
- Development or street — for condos, the development name matters more than the street. For landed, the street and subtype are primary.
- Renovation and condition — not captured in transaction records, but can add or subtract meaningfully from market value, especially for HDB flats and landed homes.
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 URA and HDB-registered resale transactions filtered by property type, location, size, and floor level.
- How does PropKaki calculate the indicative price range?
- PIE compares your property's key characteristics — type, location, size, and floor level — against recent registered resale transactions from the same development or area. For HDB, it also applies a lease decay adjustment to account for remaining lease differences. The range reflects the spread of comparable transactions, not a formal appraisal.
- 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?
- HDB resale prices come from HDB's published transaction records. Private residential and landed prices come from URA's Realis database. Land area for landed properties is derived from SLA cadastral records. All data is government-sourced.
- 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.
- Does it work for HDB flats, condominiums, and landed homes?
- PIE covers HDB flats (1-room to Executive), condominiums, apartments, intermediate terraces, corner terraces, and semi-detached houses. It does not cover detached houses, Good Class Bungalows, or commercial properties.
- Is there a fee to use PropKaki PIE?
- No. PropKaki PIE is completely free to use. No account is required.
- Why might my result show insufficient data?
- Some properties — particularly unique landed homes or developments with very few transactions — may not have enough comparable sales in the reference period to produce a reliable range. This is a data limitation, not a reflection of your property's value.
- 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.
- How current is the data?
- PropKaki's transaction database is refreshed as new URA and HDB records are made available, typically monthly. The comparable period shown with each result indicates which transactions were used.
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.