Real Estate Agent using Real Estate Investing Formulas

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Datacrunch Real Estate is featured on SilverKris!

They say you can take the man out of aerospace but you cannot take the aerospace out of the man so a big thank you to SilverKris for the featured article on my website Datacrunchrealestate! In my university days studying aerospace engineering, I had to use formulas and calculations to design airplanes that had to […]

Real Estate Investing Case Study: Urban Vista

Introduction A case study using real estate investing formulas and research on a previous new launch Urban Vista. I am assuming I am planning to buy a 3 bedroom 797 square feet low-floor unit at Urban Vista in May of 2013. So I will just use the transaction records of the surrounding condos, East Meadows, […]

Income Capitalisation Approach

Formula V = The Market Value of the property you are looking to buy NOI = Net operating income of the property (Rent Income – Property Tax – Property Insurance – Maintenance Fees – expected Maintenance and Repair – Vacancies Loss ) R = Rate of Return on Capital You need to estimate the rate […]

Gross Rent Multiplier

You can start by looking for 3 other properties that are in the vicinity of the unit you are planning to buy. Try to find the ones with the same or very similar floor plan configuration for a more accurate calculation Find the GRM of each respective units by getting the Sales Price from local […]

Comparable Sales Approach

The Comparable Sales approach compares a subject property with other similar properties that have been recently sold. After the comparison, you adjust the prices for each positive or negative feature of the property relative to the subject property and estimate the market value of the subject property from the adjusted sales prices of the other […]

Jervois Mansion E-Brochure

Jervois Mansion E-Brochure is best viewed on Desktop. For a copy to view on your mobile, send me a message or whatsapp and I will send to you a mobile-optimised PDF copy to flip through.

Eugene is the kind of the agent that willing to go extra mile to help the client. He patiently understand my requirements on the unit and explained the policies and procedures and even the pros and cons that might concern me. He also ensure everything followed up on time and kept me updated on the progress. Even it is after working hour, he is still helping on my queries as much as he can. If you need a properly agent, I can assure you he is the right guy you need.

Victor Koon

Eugene has been very helpful as an agent. Very knowledgeable and most importantly, listed me all options honestly to maximize my potential as a seller. Very punctual and proactive. Easy to communicate as well. I thank him for helping me out with selling my mum’s house just after the demise of my mum. Really appreciate that.

Raj Kamal

Eugene is a person who you can really trust with buying/selling of your property . From day one, I can feel that he is doing his best to help us with the transaction. His photography skills are amazing which works greatly in your favor. He lays out all the details properly to you upfront and clearly guides you thru every step. He is kind a person who will try to get the best offer for you and not like other agents who will try to close the deal quickly by lowering the price. For our case as we were concurrently selling and buying at the same time, we faced a lot of issues and without his proper guidance, it would have been very difficult for us. Also, have to mention he has a great knowledge of the real estate industry. He does a lot research and provides with good insights to make the right choice. Finally, I would definitely recommend his services to anyone who is looking to buy/sell property.


In this industry, we came across many agents who are only after their own self-interests but couldn’t care less for their clients. But Eugene is one of those rare gems who really care for your interests and helps you with the process. We are first time buyers and as you can imagine we had tons of questions and we were a bit unsure of which type of property to purchase. That’s when Eugene insights become powerful. He is patient by addressing all your questions and finds the right properties for you supported by numbers. He is a numbers guy and he helps you to view the future potential of the house which is unique in this industry and that’s the value he brought to us when compared to others. We saw the places for almost a year. Yes, almost a year and he was ever patient like Day 1 and finally, we bought the property we wanted and Huge Thanks to Eugene for it!


Eugene was very professional in helping me with my home purchase. It was a long search and Eugene constantly emphasized on the suitability, and was not rushing me to get just any property. I never feel pressured at any point of time. He gave sound advices and was knowledgeable about his recommendations. He placed my interests and concerns in the first place, which was reassuring that this is someone I could trust, unlike others who might just want to close the deal. Eugene had also constantly kept me updated about the property market and possible options for my decision making. He also showed figures from past transactions and estimated projection of the future value of the property, which I felt these calculations was a value-adding point. Through this whole journey, it was a fruitful and knowledge-gaining one. I am thankful for the patience and help from Eugene, who had to deal with all sorts of random questions from me, and still providing the answers to them.

Jay Yee

Eugene is such a reliable, sincere and trustworthy agent. I feel so at ease having him help me to go through the details, analysis and all the administrative work. Furthermore, he is very friendly and pleasant to be around with, thus, making transactions with the opposite party (which sometimes can be awkward) less tense and easier to come into a consensus.

He is also skilled in photography and was able to help us take 3D photos, which turns out to really come in handy when surveying and doing checks. (…/RippleBayVirtualTour/)
I would highly recommend him if you want someone whom you can feel comfortable with, easy to talk to and yet gives objective, well-thought and brutally honest advice. That was what I really appreciated very much!

Rowena Loh

I am a first-time buyer, and like all new buyers, myself included and probably a lot of you, will be teemed and faced with seemingly overwhelming challenges and inept understanding on our Singapore property market trends. Even the most experienced preparer may require to face the music at some point, needing some form of advice or assistance of that sort. And not to mention the unprecedented wide-range of processes that come along with it upon, during and after, from plentiful viewings up until the option to purchase (OTP).

Working with Eugene has been very delightful and he is the most professional Real Estate agent I’ve ever come across here in Singapore. Sharing with him my woes – financially, future market growth over time, he took in every piece of information, putting it on the drawing block, and ultimately coming out with a budget with 3 shortlisted new launches in my area of interest, detailing my requirements and the criteria that come along with each option. He even went above and beyond, extend out, and suggesting a few more launches that I may not have considered before and rationalised the advantages and disadvantages behind each option, clarity was given so that I know what to expect if I were to jump in and make a decision. And all of the calculation on the potential growth of the property capital was done carefully in a conscientious effort yet fast and well.

Besides, Eugene has a good trait of understanding the URA Masterplan for the different launches and concertedly rationalized, justified and presented to me the applicability of the plan to the launches I am interested in.

I am thankful to have met Eugene and I’m glad he represented me in buying my very first property. And if not for Eugene I would have been stupefied by the many new launches in Singapore and at most grasping at straws not knowing how to get started. I’ve learnt a great lot of things from Eugene throughout the entire process. One takeaway is that an expensive launch doesn’t necessary gives you high capital growth.

I highly recommend Eugene. He is very ethical, showing you both sides of the coin of a property, attending to your needs yet providing sound and logical advice. It can be weary to meet agents who only influence buyers with raining persuasive skills, presenting only the good points of a property. Let’s be honest, unless living in an ideal world, there’s bound to have negativity small or large. Eugene knows what he is doing and you will be in his good hands from inception up till seeing the purchasing of the property’s denouement.

Good luck with your property ☺

Melvyn Xiao

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