Yield page in Cribs, calculated as annual rent over current value of property, provides users with comprehensive view of a property’s historical yield in relation to the district, and market segment yield.
Intended Users
About
Yield Performance page is a new feature of Cribs and provides users with an advanced analysis of a property’s historical Yield performance in relation to the District or Market Segment’s Yield of the same property type. Pricing alone does not play a significant part in a property’s performance. It is one of the major factors, but Yield, which is a combination of Rent vs. Price, is a critical factor in determining the ROI (return of investment of a property). Having a higher Rent PSF ultimately leads to higher Yields. However that could be also offset with higher Property PSF, and ultimately, the Yield is weak and poorer performing. Cribs uses advanced analytics visualisation and AI to present users with a combined view of a property’s Yield in its ecosystem. This is a powerful feature of Cribs as it allows users to understand a property’s Yield and if it is out-performing the District or Market Segment. AI provides a deeper insight into the data and offers an insighful narrative for the user. Understanding its underlying Yield performance is critical to a property’s long term results. This page is launched from the Property Details page, under Learn More options.
Elements
B. Yield PSF Over Period
- Description: This chart shows the respective Yields 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 Yield 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 performing 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.
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.
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. Yield Performance KPIs
- Description: Push up the panel to show the Yield Performance KPIs, which shows the beginning Yield and the ending Yield 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 Yield 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 into the data, interpreting the chart, providing significant observations, trends and considers outliers in the process.
- Tip: Data analysis is performed in real time. Any data changes will be reflected in the latest analysis.
F. Property Yields
- Description: Current property’s Yield 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 Yields
- Description: District’s Yield 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 Yields
- Description: Region or Market Segment’s Yield 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 Yield, it could mean that this property has no transactions or rentals 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
