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HomerAI: The Super App Used By Over 37,000 Homeowners in Singapore

Published 16 January 2025

HomerAI: The Super App Used By Over 37,000 Homeowners in Singapore

The real estate industry is witnessing a seismic shift as technology reshapes how properties are managed, If you’ve ever wondered what your home is actually worth, or tried to make sense of Singapore’s property market on your own, HomerAI is exactly what you need.

More than 37,000 homeowners in Singapore already use it, including over 25,000 HDB owners and close to 10,000 condo owners. It pulls together property valuations, market data, and transaction history in one place, so you’re not piecing things together from five different sources.

By integrating data analysis and user-friendly interfaces, HomerAI ensures that you have all the tools necessary to buy, sell, or rent property on your own terms.

Download the HomerAI app on the App Store or Google Play

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Here’s Everything You Can Expect From HomerAI:

1. Accurate Home Valuation

HomerAI calculates your property’s value using a sophisticated AI model that considers key features of your home and the most recent transactions in the market. This includes data from major property portals and transactions in nearby areas, ensuring a robust and up-to-date valuation.

With an accurate estimation of your home’s worth, you can set the best selling price for your property listing — not too high or low, but a fair market value.

To compare it with other home valuation tools in the market, check out The Battle of Property Valuation Tools: Who’s the Most Accurate?

2. Comprehensive List of Property Transactions

HomerAI offers a comprehensive breakdown of the property market through various lenses.

  • Sold Homes: Tracks homes sold in your area, providing a historical perspective on market trends.
  • Rented Homes: Offers insights into rental demand and rates.
  • Active Listings [App-only exclusive]: Gives real-time access to properties currently on the market.

This segmentation allows you to grasp market dynamics thoroughly, helping you to identify potential buying or selling opportunities. By looking at historical data, you get better insight into the current price trend of properties near you.

3. Bite-sized Property Insights

Want a quick read on what’s happening in your area? HomerAI shows you a snapshot of the past six months of transaction data, and you get to choose how zoomed in you want to be: properties within 1km of your home, your cluster, or just your block.

Within each view, you get four data points:

Monthly Average Price

HomerAI calculates the monthly average price of properties sold within your chosen area. This average is computed using the latest completed transactions, giving you a real-time snapshot of current market conditions.

This feature allows you to gauge the overall market trend in your immediate vicinity, your cluster, or your block. Whether you’re planning to buy, sell, or just keep informed, understanding the average price helps you benchmark your property’s value against current market conditions.

Monthly Homes Sold

HomerAI also tracks and reports the number of homes sold each month in the specified areas. This data is continuously updated, reflecting the most recent activity in the market.

Knowing how many properties are being sold gives you insight into market demand. High sales volumes might indicate a seller’s market, while lower numbers could signal a buyer’s advantage. This information is crucial for timing your market entry or exit.

Latest Sold Home

HomerAI highlights the details of the most recently sold property within the chosen parameters. This includes the sale price, property type, and exact location.

This feature keeps you up-to-date on the very latest transactions, providing a clear picture of what buyers are currently willing to pay for properties like yours. It’s particularly useful for sellers looking to set competitive prices.

Lowest and Highest Sold Prices

HomerAI identifies the properties with the lowest and highest sale prices over a given period within the selected area. This range is essential for understanding the spectrum of market values in your vicinity.

By seeing the extremes of what has been paid for properties nearby, you can better understand potential market highs and lows, aiding in setting realistic expectations for your property’s valuation or selling price.

4. Property Listings for Sale and Rent

Specify your preferences, such as property type (e.g., HDB, condo, landed), size, location, and budget. HomerGPT, our version of ChatGPT but for property (and better), then scans through available listings on property portals and presents you with options that match your criteria to save you time from manually searching through multiple portals.

5. Financial Calculators

HomerAI includes several financial calculators to assist in planning and decision-making.

  • Cash Proceeds Calculator: Helps you estimate the net proceeds from selling your property.
  • Affordability Calculator: Calculates how much you can afford to spend on a new property based on your available cash, CPF funds, and potential loans.
  • Mortgage Calculator: Assists in determining your monthly payments and potential savings on various mortgage plans.

These tools empower you to manage your finances effectively, providing clear, concise, and customized financial analysis. They help eliminate guesswork and manual calculations, making financial planning more accessible and accurate.

6. MATCH

Even before you list your property for sale, HomerAI can identify potential buyers interested in a property like yours. It uses data from user searches and preferences to match sellers with prospective buyers.

This preemptive matching process can significantly speed up the selling phase, as you have a ready list of interested buyers. It also offers insights into the current demand for properties like yours, helping you set competitive prices and timelines.

At Ohmyhome, our commitment to blending technology with real estate is not just about simplifying transactions—it’s about transforming them. It’s about ensuring that every homeowner has access to the same level of information and resources as the industry’s most knowledgeable insiders.

Therefore, each feature of HomerAI is designed to offer unparalleled convenience, accuracy, and insight into the property market. By providing free and easy access to new-gen property data and tools, HomerAI empowers homeowners to make informed decisions with confidence and ease.

With HomerAI, Ohmyhome continues to lead the way, reaffirming our commitment to being the most trusted and comprehensive property solution for everyone by bringing speed, ease, and reliability to property-related services.

Download HomerAI today and experience a new standard in property technology

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Frequently Asked Questions About HomerAI

1. Is HomerAI free to use?

Yes, HomerAI is free for all Ohmyhome users. You can access property valuations, transaction data, and market insights without any subscription or payment required.

2. How accurate is HomerAI’s property valuation?

HomerAI’s valuation is based on an AI model that factors in your property’s key features alongside the most recent transaction data from nearby areas and major property portals in Singapore. It’s designed to give you a realistic market estimate, though final sale prices can vary depending on buyer demand and property condition at the time of listing.

3. How is HomerAI different from other property valuation tools in Singapore?

Most valuation tools give you a single number with little context. HomerAI goes further by combining your home’s estimated value with live market insights, including monthly average prices, sales volume, and the latest transactions in your area, so you can see not just what your home is worth, but what’s actually happening in the market around it.