StreetSine Blog

StreetSine wins SiTF 2010 award. Thank you for your support.

2010-10-02T10:07:00.000-07:00

To all users of StreetSine.com:

Thank you for your trust and confidence in Home Report^TM.

Last night, at the Singapore Infocomm Technology Federation (SiTF) Awards, we were selected as the Winner for the Start-up Category. We could not have won this award without the support and trust that you have placed in us. We truly appreciate the interactions we have had with most of you at agency seminars, training sessions, discussions over chats and emails, and one-on-one meetings in coffee houses. Your feedback and support are crucial to the services we provide you.

Our commitment is to provide you with the most relevant and timely property information available so that you have the tools to advise your clients on the very important financial transactions of buying, selling, and renting homes. We look forward to ongoing conversations as we continue to provide new services to you.

We were also selected by SiTF as one of five finalists for the Judges' Choice award. We were surprised by this selection as this award covers all technology categories and the final list was narrowed down from 150 entrants to only five. Gatekeeper Laboratories won this prize with their patented, two-phase cooler for high end computing. This invention will be very important in keeping the back-end of technology up and running so that information companies, like StreetSine, can provide you with uninterrupted services. We are honored to have been short-listed with Gatekeeper and the other finalists.

Please stay tuned to our website and communications as we have many new and exciting services planned for our subscribers in the near future. For example, in the next couple weeks, we will launch the Chinese version of Home Report^TM. This report is in the final testing stages, and we hope that you will find it a useful research and marketing tool for your Chinese-speaking clients, especially those from Mainland China.

Thank you again for your support, and we wish you best success with employing information technology to advise your clients.

Sincerely,
StreetSine Team

StreetSine Blog migrated to StreetSine's new homepage

2010-09-06T10:00:00.000-07:00

This blog is migrated to our new homepage at www.streetsine.com. You will be able to view all the news and press releases from StreetSine since day 1.

Check it out!

Goodbye for now.

StreetSine Trainings in Apr

2010-04-01T20:26:00.000-07:00

The Analytics Team at StreetSine Pte Ltd is pleased to announce its April training schedule for professional property agents and investors. In response to suggestions from many of our clients, we have enlarged our training program to include three courses on property analytics (S1, S2, and S3) as well as an introductory course on Home Report^®.

Pre-S1: Introduction to Home Report^®
- Every Wed (7 Apr / 14 Apr / 21 Apr / 28 Apr) 2-4pm at HDB Hub Level 17 MindChamps
- For non-subscribers. Simply walk-in.

S1: Employing Analytic Tools to Buy and Sell Residential Property
- Exclusive to Home Report^® Associate & above subscribers
- Click on the dates to register: 6 Apr (Tues) 15 Apr (Thurs) 27 Apr (Tues)

S2: Mastering the Market
- Exclusive to Home Report^® Professional & above subscribers
- Click on the dates to register: 8 Apr (Thurs) 20 Apr (Tues) 28 Apr (Wed)

S3: Advanced Property Analytics
- Exclusive to Home Report^® Investor subscribers
- Click on the dates to register: 13 Apr (Tues) 22 Apr (Thurs) 29 Apr (Thurs)

Please see the News Release below for more details and a description of the courses.

You may also register for our S1 - S3 courses at www.streetsine.com. We look forward to seeing you in April.

StreetSine officially launches HDB Home Report

2010-03-15T09:47:00.000-07:00

Many agents have enjoyed great success in their career with our Private Home Reports^®. A number of our subscribers have requested for similar HDB reports.

Today, we are pleased to announce that HDB reports are officially available in StreetSine.

In fact, our HDB report service was made available 16 days ago. Since then, hundreds of reports have been generated by users who have noticed this new addition. We're pleasantly surprised by the keen response of our users even before this official announcement!

Feel free to check out the sample HDB reports in www.streetsine.com .

Training Courses from StreetSine

2010-02-25T02:47:00.000-08:00

In response to requests from property agents and investors, StreetSine is pleased to announce that it is offering two types of training courses during the month of March.

Course S1: Introduction to Home Report®

(Every Wed 2-4pm at HDB Hub East Wing, Level 17, MindChamps [Aristotle Room]. Start: Mar 3 2010)

Course S2: Advanced Property Analytics

(On invitation)

Please click on this News Release for more details and a description of the courses.

We look forward to seeing you in March.

Sincerely,
StreetSine Analytics Team

Xmas Present - StreetSine Home Report Improvements

2009-12-17T08:36:00.000-08:00

Season's Greetings!

Once again, we've rolled out improvements to our home report with our subscriber's feedback.

1. For investor subscribers, we've replaced Equity Dividend Rate (EDR) with Return-on-Equity (ROE). Unlike EDR, ROE is defined as a return that does not take capital repayments into account. Therefore, ROE will yield relatively higher figures. Most agents find the new ROE definition easier to understand and explain to their clients.

2. We've included a more complete table of contents (aka bookmarks) in the pdf report. Subscribers who present to their clients with a laptop will find the new bookmark useful in jumping to any page or section with a single click.

3. The background watermark is lightened to reduce interference in some printers.

4. The report is copyrighted © to the subscriber for his / her own exclusive use.

We hope you like our Xmas gift to you.

Meanwhile, the StreetSine team is working hard to prepare our Chinese New Year gift to you. Stay tuned!

Merry Christmas,
StreetSine Team

StreetSine featured on Straits Times Digital Life

2009-09-29T03:25:00.000-07:00

Back in 2007, one of the founders of StreetSine won in the inaugural ITSC-Google organized 24-hour national programming competition (Xtremeapps). StreetSine was subsequently featured in the Digital Life in May 2008 when the site official launched to the public.

Last week, StreetSine was fortunate to be featured in the Digital Life once again. This time, it was the innovative home report service that gained attention. More than 10,000 home reports were distributed to the hands of property hunters and agents. Many have given us glowing testimonials on the amount of information and analysis that our customized home report has provided for them.

Thank you all for your support. We hope to contribute in our own little way to avert the next property bubble in the market!

Hot property
442 words
23 September 2009
Digital Life
(c) 2009 Singapore Press Holdings Limited

Jeremy Lee, 31 Chief Technology Officer at StreetSine

Application: StreetSine.com, a real-estate data analytics Web portal with more than 1,000 unique visitors daily and over 51,000 property listings

JEREMY Lee loves to make order out of information chaos, inspired by his own frustrations with the property market's lack of transparency when shopping for a flat some years back.

'Our goal is to crunch all the raw property data sitting in silos everywhere and transform them into key information accessible to everyone, so that people can make better decisions,' he explains.

In fact, property hunters are willing to pay $25 a pop at StreetSine for in-depth reports that compare everything from PSF (per square foot) prices to rental yields for condominiums and houses.

StreetSine's Home Report tool, launched in May, has seen over 10,000 reports sold, helping the firm to record a five-figure sum in monthly revenues.

The portal's Java-based tools run like desktop applications but in a Web browser. They link to a sophisticated number-crunching engine built on open source tools like MySQL.

Within seconds, one click of the button transforms publicly available raw data - sourced from the likes of online property transaction records, Google Maps and property listings - into extensive research reports that are the dream of property agents everywhere.

One challenge Jeremy faced was getting StreetSine's interface to look and work the same across different browsers like Internet Explorer and Firefox. Using the Google Web Toolkit framework resolved most of the browser consistency issues.

The engineering graduate from the National University of Singapore mastered Java Enterprise Edition and other open source software while working in the Defence Science and Technology Agency. He left after four years to set up StreetSine in 2007 with a partner.

Software developers today, Jeremy says, must be business-savvy.

Ergo, tie-ups with property firms are on the cards, while StreetSine's data analysis technology may also expand to other sectors, such as health-care or Government scenario planning.

'It's no longer about just writing code. We need to be more than just good programmers,' he notes.

'We need business experience and analysis skills too, so that we can improve the products we create for our users.'

Hence, he and his handful of freelance developers spend a quarter of their working hours on tech support and answering queries from customers, in their quest to improve the portal.

To Jeremy, software development is a calling.

'As a software developer, you have the ability to influence many lives with every line of code you write.'

Personal agent branding for Home Report

2009-09-28T09:56:00.000-07:00

Here at StreetSine, we listen to every feedback from our users and continuously upgrade our product to serve them better.

Many subscribers have been asking for personal branding of the home report. We’re happy to announce that from today, all our subscribers will be able to put their agency’s logo at the top of every page! Simply select the agency name from the logo drop down list before generating your report. Do it once and the system will remember the selection so that one need not re-select in future.

We’ve many exciting upgrades in the pipeline. Very soon, the report will contain other project details such as the name of the Developer and total number of units & bedroom sizes in the development. For customization, one will be able to save a few profiles that one commonly uses so that one do not have to re-enter them. And if the agent deals with HDB properties, she will be happy to know that we will soon expand our home report service to cover HDB properties as well!

We hope our subscribers enjoy this logo upgrade!

Customize your StreetSine Home Report

2009-09-21T00:04:00.000-07:00

You spoke and we listened.

StreetSine has introduced a premium subscription for Home Reports. With a premium subscription, you can now perform the following customization to your home report with a few simple clicks:-

1. Add or Remove any section of the report for personalization
2. Adjust interest rates, down payment and expense assumptions
3. Set your own comparable projects
4. Adjust the criteria for selection of comparable units
5. Add your own text comments to the end of any section.
6. And alot more customizations for the agent subscriber.

We hope you like this upgrade. Feel free to give us your feedback.

Follow the Sine!
StreetSine Analytics Team

Upgraded Home Report - Days on Market & Price Adjustments

2009-09-11T00:01:00.000-07:00

Since the initial launch of our private residential Home Report service a few months back, we've received numerous positive testimonials from our users. Home hunters, investors and agents have told us that they've found their ideal homes faster and smarter with the service.

Today, we are excited to announce a list of upgrades from our user feedback.

1. We now track Days on the Market (DOM)
2. We also track price adjustments to property listings
3. We have added district trends to our other trends
4. We have substituted the Median Asking PSF for the Index Price in the executive summary so that the user has more flexibility in how he uses the Index Price
5. In the drop down for landed property report generation, we have allowed for search by street. We have also included the landed square feet in the drop down. The latter will aid in the quicker selection of comparable properties.
6. Made the summary report more user friendly by making several changes, such as changing the figures to PSF.

You can already view these changes in the sample Home Report at http://www.streetsine.com.

We are also in the final testing of our inter-active Home Report. Subscribers will soon be able to customize the report with a few simple clicks.

Stay tuned for more updates brought to you by StreetSine Analytics Team!

StreetSine launches Home Report subscriptions

2009-05-31T05:05:00.000-07:00

Many agents have bought our StreetSine Home Reports^TM to obtain comprehensive Singapore Property pricing information. Within seconds, each report is customized for a single private residential unit or project and contains the following features:

Unit pricing and official caveat transactions since 1995
Comparable projects (by distance) & units (by floor level & size)
Suggests a Possible price for the unit
Rental prices
·Rental yield & investment potential comparisons
Location Maps, Amenities (upcoming MRT stations)
Professional PDF report that can be saved, printed and shared with clients!
Fast and easy to use!

Click here to download sample report for a unit in Hillview Regency Condominium.

Home Report Subscription

From tonight, we will be offering unlimited Home Report^TM downloads for one low annual subscription fee. Head down to StreetSine and check it out!

Official launch of StreetSine home report

2009-04-07T08:58:00.000-07:00

The Urban Redevelopment Authority (URA) recently announced a record 13.8% fall in private home prices in the first quarter of 2009. Half the gains in the property boom that just passed has been wiped off.

How do you price your dream home in the current market condition?

At StreetSine, we understand that answering this question is very difficult. Buying or renting a home is a huge decision.

Our new Home Report can help you approach your decision with knowledge backed by facts. You provide the address, and in seconds we provide a PDF report containing pricing, rental, and investment information down to the unit level. With this information, you and your trusted advisers are in a good position to determine how much you would pay for your dream home.

To discover why the Home Report is quickly becoming an essential tool for buying or selling a home, visit StreetSine, or download the sample report .

StreetSine - Singapore Property Report (Beta)

2009-02-13T08:53:00.000-08:00

This is our first post and I'm happy to announce something exciting.

Want to know how much your property is worth? Or how much you should pay for that unit you're interested in? Or simply want to understand how prices are doing in projects that you're monitoring?

We're launching a new home report service in the coming weeks that will answer these questions. The 20-page report provides up to date information on any private residential property unit in Singapore. For home buyers and sellers, you get pricing information based on unit transaction details, relevant property price trends, comparable unit price range and much more. For renters and investors, you get information on comparative rental transactions, rental yields and capital gains benchmark. Did I also mention maps and nearby amenities like MRTs, grocery stores, lifestyle and schools within 2km of the property?

Here is a sample home report for a typical Singapore condominium unit. (It is based on real transaction data)

And this is our Singapore Property website.

We're a one of the leading property portals in Singapore that focuses on property data analytics. Last month, we crossed the 1,000 mark of registered users. Buyers and shoppers of information can register an account and use our site for free.

Feel free to send an email to info(at)streetsine.com if you're interested in getting your hands on one of the home reports. Provide us with the project name and unit number. If you've no unit in mind, just state your preference, eg. high floor. Be prepared, however, to pay a nominal fee during this beta period.