What is Change in Price Analysis? #
Change in Price Analytics (CiPA) tracks price fluctuations over time for specific properties, projects, or areas. This tool enables property agents and other stakeholders to monitor price trends and identify significant changes in market values, aiding in strategic decision-making and pricing recommendations.
CiPA provides property agents with data on market price shifts, allowing them to make informed decisions based on data and better assist clients with their buying, selling, or investment objectives.
How can I access Change in Price Analysis? #
Follow the step-by-step guide below to use Change in Price Analysis:
1. Login to AgentNet and select ‘DataSense’ on the left navigation bar. Locate the Change in Price Analysis widget and click on Take Me There.
2. PropertyGuru for Business portal will open in a separate window. You can access Change in Price Analytics under the ‘Demand’ category.
3. The module will load, displaying up to four customisable tabs.
4. Each table has 4 segments. The top left shows the title and searched category, while below it are the ranked locations. The top right contains the edit button for customisation, and below it is the search results.
5. Edit the Table: Click the ‘Edit’ button at the top right.
6. Click the ‘Analysis Title’ field to edit the table name. In this example, we’ll change ‘Pricing Change of Big Condos for Sale in CCR’ to ‘Pricing Change of Big Apartment for Sale in CCR’.
7. Select Property Type: Click ‘Condo’ to filter by property type. Use the drop-down button under property type and select ‘Apartment’ but remove the default selection ‘Condominium’.
8. Choose a District: Click the drop-down button under ‘District’ and select ‘D04 Harbourfront / Telok Blangah’.
9. Use additional filters to refine your searches. Save Your Changes: Click ‘Save’ to begin the analysis.
10. The search results will be displayed in the tables. Repeat these steps to customize other tables in the module.
We hope this guide brings you closer to understanding the module and gaining data insights.