Simulation (How Index is calculated)

This simulation is illustration of how two almost similar condominiums can yield different index numbers as you change the parameters of the comparison. You can alter the Selling Price, Area, Floor Level and Car Park number to see how the Index Calculation varies with the changes you have made. The concept is PRICE ratio to BENEFITS. If the benefits are more, the Index will be smaller. If the benefits are lesser, the index will yield bigger number.

INDEX CALCULATION

Explaining how indices are calculated
  • Calculated Index of Condo A IPI-S for A
  • Calculated Index of Condo B IPI-S for B
  • Selling price of Condo A
  • Selling price of Condo B
  • Area in Square Feet
  • Area in Square Feet
  • Higher the More Valuable
  • Higher the More Valuable
  • Car Parking Lots
  • Car Parking Lots
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