Maximise profits from home sales with Singapore’s property valuation, and more updates

For PropertyGuru’s news roundup, learn more about how to get a property valuation report and maximise your profit when selling your home in Singapore. In other news, here are the key highlights from PropertyGuru Malaysia Consumer Sentiment Study H2 2024. Lastly, data centre decommissioning allows businesses to optimise their IT infrastructure while reducing costs and environmental impact.

Property valuation in Singapore: How to maximise your profit when selling your home

Property valuation in Singapore is a not-so-secret tool used by astute asset buyers and home flippers to minimise their losses and maximise profit when purchasing or selling a property.

With prices for HDB resale flats and private property remaining at record highs in Singapore, you may be tempted to sell your home for a tidy profit. According to HDB Resale Statistics for Q2 2024, the Resale Price Index sits at an all-time high of 187.0 points, increasing 2.3 percent from Q1 2024. Similarly, URA real estate statistics for Q2 2024 reveal the Price Index increasing 0.9 percent quarter-on-quarter and sitting at 206.1 points.

Equipped with a property valuation report, sellers can steer clear of bad acquisitions and make sure that they can get the best price available. Learn more about how to get a property valuation report and how the valuation tools of PropertyGuru Singapore can help you.

Malaysia Consumer Sentiment Study H2 2024

The latest PropertyGuru Malaysia Consumer Sentiment Study H2 2024 polled 1,181 respondents across Malaysia via an online questionnaire between 4th June 2024 and 26th June 2024.

The respondents comprise a mix of white-collar professional workers, businessmen, and more in the following income brackets: low-income (41 percent), middle-income (38 percent), and high-income (20 percent). The age groups of the respondents were divided into five categories: 22-29, 30-39, 40-49, 50-59 and 60 years old & above.

Affordability continues to be a challenge, particularly for young Malaysians, as they try to adapt to the rising cost of living, higher interest rates and difficulty saving for down payments. So, as more Malaysians turn to rent, it’s clear that solutions like rent control and standardised rental agreements are essential to ensure fairness in the rental market.

Here are the study’s key highlights that reflect current property seekers’ sentiments.

Data centre decommissioning: save costs, stay secure, go green

In today’s fast-paced digital world, organisations are grappling with rapidly evolving technologies and increasing demands for sustainable, cost-efficient operations. This shift has brought an often-overlooked aspect of IT management into focus: data centre decommissioning.

As companies migrate to cloud-based infrastructure, reduce their on-premise hardware, or move toward more energy-efficient data centres, decommissioning has become critical for streamlining operations and managing IT assets responsibly.

“Data centre decommissioning is no longer just an operational task—it’s a strategic imperative,” says Dan Shinefield, President and Founder at Quantum Technology, in DataCenterNews Asia. “It allows businesses to optimise their IT infrastructure while reducing costs and environmental impact.”

One of the most compelling reasons to pursue data centre decommissioning is the significant cost savings. Maintaining an outdated or underutilised data centre can drain finances through high energy consumption, hardware upkeep, and staffing. Decommissioning older data centres reduces energy bills, cooling requirements, and maintenance needs.

The Property Report editors wrote this article. For more information, email: [email protected].