About Our Valuations
Our AI-powered valuations typically fall within 5-10% of actual transaction prices. We analyze official URA and HDB transaction data, considering factors like:
- Recent comparable transactions in the same area
- Property size, type, and floor level
- Remaining lease duration
- Proximity to MRT stations and amenities
- Current market trends
However, our valuations are estimates and should not be used as bank valuations or for legal purposes.
No. RoboProp provides indicative market valuations for informational purposes only. Bank valuations are conducted by licensed valuers and consider additional factors specific to your loan application.
For official valuations required for mortgage applications, property sales, or legal matters, please engage a licensed valuer registered with SISV.
We use official Singapore government data including:
- URA (Urban Redevelopment Authority): Private property transaction records (caveats)
- HDB: Resale flat transaction prices
- OneMap: Location and planning area data
- data.gov.sg: Various government datasets
Our database is updated regularly to reflect the latest market transactions.
RoboProp can provide valuations for:
- HDB flats (1-Room to Executive, DBSS, Maisonette)
- Executive Condominiums (EC)
- Private Condominiums and Apartments
- Landed Properties (Terrace, Semi-Detached, Detached, Bungalows)
We currently focus on residential properties in Singapore.
Using RoboProp
Yes! Our property valuation service is completely free. We provide:
- Free instant property search
- Free preview of valuation data
- Free full valuation report (after providing contact details)
We sustain our service by connecting interested users with licensed property professionals.
We collect contact information to:
- Deliver your detailed valuation report via email
- Connect you with licensed property agents who can assist with selling, buying, or renting (only if you consent)
- Send you relevant market updates (optional)
Only if you provide consent. When you submit the lead form, you explicitly agree to be contacted by licensed property agents. If you prefer not to be contacted, you can indicate this preference.
All agents we work with are CEA-registered professionals.
Singapore Property Questions
Remaining lease significantly impacts HDB value and financing options:
- 60+ years: Minimal impact on value or financing
- 40-60 years: Some impact on CPF usage and loan tenure
- 20-40 years: Significant restrictions on CPF and bank loans
- Below 20 years: Very limited financing options; CPF usage severely restricted
Our valuation accounts for lease decay in our estimates.
Additional Buyer's Stamp Duty (ABSD) is a tax on property purchases:
- Singapore Citizens: 0% (1st), 20% (2nd), 30% (3rd+)
- Permanent Residents: 5% (1st), 30% (2nd), 35% (3rd+)
- Foreigners: 60% on all residential properties
- Entities: 65% on all residential properties
ABSD is calculated on the higher of purchase price or market value.
Properties near MRT stations typically command a premium:
- Within 500m: 10-15% premium
- 500m-1km: 5-10% premium
- Beyond 1km: Minimal premium
The exact premium varies by station, line, and whether it's an interchange. Upcoming MRT stations (like Cross Island Line) can also positively impact future values.