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SRX launches real-time property pricing feature

CEO says X-Value can 'mitigate the problems faced by HDB home buyers'

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Co-founders: Mr Baker wants property prices to have the same level of clarity as that of stock prices; Mr Lee explains that X-Value is derived using a multivariate method that can isolate and adjust for individual factors

[SINGAPORE] Negotiating property prices, especially for HDB resale flats, will no longer be like a shot in the dark with "X-Value", a new real-time pricing feature. Launched by the Singapore Real Estate Exchange (SRX), it is derived algorithmically based on past transacted prices of comparable