Hass Consult has unveiled a ‘live’ property price research app called My Hass Data, driven by an expansion in its data collection for the Hass property price indices, which now includes real-time price geo-mapping.
“We have in recent months moved to a new level of data collection on property pricing and development, mapping every building in Nairobi, and including data collection on commercial, retail and non-retail properties,” said Sakina Hassanali, head of marketing and research at Hass Consult.
The new data sets also include data lines on planning applications, purchase dates and historical pricing data. Based on this expanded data set, the new My Hass Data App will allow users to research prices by suburb, or even street, size of property, or type, as well as rate of sales and vacancies.
“We expect this to be a best-in-class tool for any organisation or individual needing market information, conceiving investment strategies, or researching development concepts,” said Hassanali. “We see this as a real need. The Kenyan property market is now a more mature sector, and high returns rest on careful research into demand and uptake. There are areas where developers are even losing money, while others, who have investigated the market more thoroughly, are still making very high returns indeed.”
The My Hass Data app will be available on the new Hass Index website, on a variety of subscription packages.