THERE is now a more transparent and efficient way to establish rental value in Singapore with the launch of an online pricing feature.
The government-funded Rental X-Value was rolled out on Wednesday by Singapore Real Estate (SRX), an information exchange formed by the real estate agencies here.
SRX said the first-of-its-kind pricing feature is a computer-generated estimate of a home's rental value.
The methodology is based on Comparable Market Analysis and draws data from more than 30 public and private sources.