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Adrian Lim
- Nov. 25, 2020
Behaviour of buyer matters
In October 2020, URA enhanced Real Estate Information System (Realis) and removed one IMPORTANT function. I always used this function to analyze purchase by nationality for any given period against price range. It is a great piece of information about the buying behaviour of specific nationalities for given district and time frame. This allow my clients to understand buying preferences in term of quantum and unit price.
Example :
Buyers from China opted for locations in District 1 , 9 and 10 in central location. And when come to suburban living, they preferred Tampines, Hougang, Serangoon & Punggol.
Indonesian buyers loved prime District 9 & 10.
Insights gleaned from the data could be so useful for me and my foreign clients, where we always reply this information as a reference point.
I hope that the data can be made available again.