Busybodies get a bad rap in society for butting their heads into situations they shouldn’t. But when it comes to selling your home, it actually pays to be ‘kaypoh’. That’s right, it’s time to sniff around property portals such as Ohmyhome and get the latest scoop on the past home transactions in your area — it’s good information to have when your flat has reached its 5-year MOP and (wisely) take advantage of the newness of your flat and sell your home at a premium. We’ve listed all the highest HDB resale transactions recorded so far in this article.
But being a kaypoh (or busybody) at the past transactions in your area is not just for you to set your eyes on trying to be the next million-dollar HDB transaction in Singapore. It’s also about keeping up to date with the price trend of similar-sized units in your block or area so you know how much more you can realistically sell your home for.
As we wrote in this article, your home value may rise in tandem with the recent transaction prices of homes near you. Having that information — that your home value has increased — can make a significant impact on your home sale: you’ll be able to immediately adjust your selling price according to the market average, which may have also risen.
But how can you have that kind of information at your fingertips?
Say Hi to Homer AI
Ohmyhome has developed your new digital friend, Homer (or Home Ownership & e-Valuation Report AI tool), to provide you with only the most crucial insights on your home, including your home valuation and past transactions in your block and area.
With Homer, you can find out the selling price of homes near you in the past 6 months, and you’ll also get an accurate estimate of your home value — all in one place.
You can even check the potential cash proceeds you can get as your home valuation increases.
The best thing about it is it’s free!
All you have to do is connect your home with Homer via Singpass and all the information you need will be right at your fingertips. No more searching high and low on Google for the data you need to sell your home at the best price, and within your timeline.
Watch the tutorial video below to find out the exact kind of home insights Homer can provide:
Now all you have to think about is engaging a property agent to assist you in selling your home and get their second opinion on the property research that you already have.
Say Hi to Homer AI here and drop us a message on WhatsApp if you have any further questions.