PSF Performance page provides users with comprehensive view of a property’s historical PSF in relation to the district, and market segment PSF.
Intended Users
About
PSF Performance page is a new feature of Cribs and provides users with an advanced analysis of a property’s historical PSF performance in relation to the District or Market Segment’s PSF of the same property type. Pricing alone does not play a significant part in a property’s performance, since there could be various sizes, number of bedrooms, etc. PSF is consistently used as a measure of the strength of the property’s fundamentals. Cribs uses advanced analytics visualisation to present users with a combined view of a property’s PSF in its ecosystem. AI provides a deep analysis of the underlying data, identifying trends and observations. This is a powerful feature of Cribs as it allows users to understand a property’s PSF and if it is out-performing the District or Market Segment. This is a key decision when investing in a property. Understanding its underlying performance is critical to long term results. This page is launched from the Property Details page, under Learn More options.
Elements
A. Chart Legend
- Description: The different types of data is visualised according to colour. Blue for current property, Red for District, and Green for Market Segment or Region.
- Tip: Understand the different trends through the colour codes.
B. PSF Over Period
- Description: This chart shows the respective PSFs over a given period. The current property’s trend is overlay with the District’s trend and the Market Segment’s trend.
- Tip: It is important to understand where the current property’s PSF performance vs. the District and Market Segment. If the Blue line (current property) is consistently above the Red (District) or Green (Market Segment), this means it is priced above the overall market. If there is an intersection with any of the District or Market lines (and up-trending), it could mean that it is better performing over time. The reverse can also happen where it under-performs the District or Market Segment.
C. Period Selector
- Description: The period selector changes the time period of the chart and KPIs. Tap on each selection to choose between a 3 year or 5 year time horizon.
- Tip: If you do not see any Blue (current property) points, changing the period may show more data. In this case, the property may not have had any transactions within the 3 year period.
D. PSF Performance KPIs
- Description: Push up the panel to show the PSF Performance KPIs, which shows the beginning PSF and the ending PSF of the period, for the current property, the District and the Market Segment of a similar property type compared to the current property. For example, if the current property is a Condominium, the PSF KPIs for District and Market Segment will be of the Condominiums in the District and Market Segment.
- Tip: Push Up to see more.
E. AI Overview
- Description: AI provides a deeper analysis of the underlying data and analyses the PSF performance of the property vs. the district and market segment to understand if the property is under-performing or out-performing the district or market segment.
- Tip: With changes in the data, AI will have a different perspective each time.
F. Property Sales
- Description: Current property’s PSF over the period and over the last 1 year (12 months).
- Tip: Pay attention to the Change number. Positive growth is shown in Blue and negative growth is shown in Red.
G. District Sales
- Description: District’s PSF over the period and over the last 1 year (12 months).
- Tip: Pay attention to the Change number. Positive growth is shown in Blue and negative growth is shown in Red.
H. Region or Market Segment Sales
- Description: Region or Market Segment’s PSF over the period and over the last 1 year (12 months).
- Tip: Pay attention to the Change number. Positive growth is shown in Blue and negative growth is shown in Red.
Exceptions and Error Handling
No transactions found.
Description: If you don’t see any current property PSF, it could mean that this property has no transactions within the period.
Solution: Change the period by selecting a different period.
Contact and Support
Need further assistance? Contact our support team via the About section on our website or email support@cribs.com.sg
