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Prediction track record

The model is locked before each month's sales register. Then it is graded against every one of them, misses included.

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How this works

One precision matters: this is not a forecast of future deals. A resale registers weeks after the deal was agreed, so the test is not "we saw the future" but something more useful: the estimate shown on the site was committed before the outcome was public, and here is how it did. The "old method" column scores the approach this site used before the model (the trailing 12-month median of comparable sales in the same block or street) on the same sales, where it can price them at all.

About the estimates

The estimates come from the same model behind the fair-value card on the map: a statistical model trained on five years of registered resale transactions, refreshed daily, with ranges calibrated against its own measured errors. It cannot see renovation, view, or urgency, which is exactly why the range exists. A statistical guide, not a valuation.

The same model also powers a monthly quality-adjusted resale price index for Singapore and every HDB town.

Questions

Methodology questions or anything that looks off: feedback@resalemap.sg. More about the site on the about page.