Brickz.my: How to Use Malaysia's Property Transaction Database

Brickz.my: How to Use Malaysia's Property Transaction Database

Brickz.my is one of the most powerful - and underused - tools available to Malaysian property buyers and investors. By aggregating land office transaction records, Brickz provides access to actual sales prices that have been officially recorded, giving you a ground-truth view of what properties have really changed hands for - not what sellers are asking.

What Is Brickz.my?

Brickz.my (operated by Brickz Research Sdn Bhd) is a property transaction data platform covering Malaysia's secondary market (subsale) transactions for strata properties. The data is sourced from state Land Office records and Ministry of Finance data, the same records used by NAPIC (National Property Information Centre) for its official property market reports.

The platform provides transaction data for: - High-rise condominiums and apartments - Serviced residences and SOHO units - Selected stratified landed properties

Note: Brickz does not cover primary market (new project) sales or purely landed properties (terrace houses, semi-Ds) which are recorded under different land registry systems and require a full NAPIC search for comprehensive data.

How to Use Brickz for Property Research

Checking Transacted Prices in a Specific Building

This is Brickz's core function. To use it:

1. Go to brickz.my and search for your target condominium or apartment development by name or address
2. The platform returns a list of transactions for that building, including:

1. Compare the asking price of the unit you are considering against recent transactions of similar-sized units in the same building

Example use case: A seller is asking RM 680,000 for a 950 sqft unit in a mid-KL condominium. Brickz shows that the last 5 transactions in the same building - in the 900-1,000 sqft range, over the past 12 months - ranged from RM 590,000 to RM 640,000. You now have strong data-backed grounds to negotiate below the asking price.

Identifying Price Trends

By sorting Brickz transaction data chronologically, you can identify whether prices in a building or area are: - Rising: Successive transactions showing higher price per sqft year-on-year - indicates good momentum - Flat: Prices relatively stable over 2-3 years - a sign of a liquid but low-growth market - Falling: Successive lower prices - potential oversupply, management issues, or neighbourhood decline

Cross-Referencing with Rental Data

Brickz transaction prices, combined with PropGo or iProperty rental listings for the same building, allow you to calculate a data-grounded rental yield estimate that is far more accurate than any yield claim an agent might make.

Limitations of Brickz

• **Data lag**: Land office transactions typically appear in Brickz 3-6 months after the actual transaction date. Very recent transactions may not yet be visible.
• **Strata properties only**: Landed property transactions are not comprehensively covered. For landed properties, you need an official search at the Land Office or NAPIC report.
• **No floor-by-floor granularity for all buildings**: Higher-floor premiums are real in Malaysian condominiums (typically 2-5% per floor), but Brickz may not always differentiate. Adjust your analysis accordingly.
• **Unit condition not shown**: A transaction 12 months ago at RM 580,000 may have been for a bare, unrenovated unit; a RM 650,000 asking price today may include RM 50,000 of recent renovation. Brickz cannot capture this nuance.

Brickz vs EdgeProp PropertyLens

Both platforms provide transaction data, but with different interfaces and coverage:

| Feature | Brickz.my | EdgeProp PropertyLens | |---|---|---| | Data source | Land office records | NAPIC + Land office | | Strata focus | Strong | Strong | | Landed coverage | Limited | Better | | Analytics tools | Basic | Advanced (trend charts, yield) | | Market reports | None | Yes (subscription) | | Price | Free for basic | Freemium model |

For comprehensive research, use both: Brickz for raw transaction data and EdgeProp for trend analysis and market context.

Best Practices for Using Brickz

1. Always run a Brickz search on any property before making an offer
2. Compare the last 5-10 transactions of similar unit sizes in the same building
3. Adjust for recency (older transactions less relevant in trending markets)
4. Cross-check with PropGo rental listings to calculate yield
5. For new project purchases (not yet in Brickz), use comparable completed buildings nearby as proxies

Brickz is a free, powerful tool that every Malaysian property buyer should use as a standard part of their due diligence process. Combined with PropGo for discovery and EdgeProp for analysis, it forms a data-driven property research toolkit that gives you a significant advantage in negotiations.