VANPLEX
PlexIntel — the data division of VanPlex

The intelligence layer for BC multiplex decisions

Before you buy a lot, fund a project, or set a housing policy: what gets filed, what gets built, and what actually pencils — measured lot by lot across BC's small-scale multi-unit market.

Request access Read the PlexRank™ Index — free

What the dataset holds today

Numbers, not adjectives. This is what exists right now.

205,047
BC lots scored

Every lot carries a PlexRank™ viability score: projected return on equity for a multiplex build under current zoning. Six cities covered.

600+
Vancouver multiplex permits tracked

Permit applications in the R1-1 zone tracked since October 2023. Multiplex became the dominant application type in 2024.

5
Cities with full cost models

Lot-by-lot build cost, unit count, and sale value models for Vancouver, Burnaby, Coquitlam, Richmond, and Kelowna.

Monthly
PlexRank™ Index

Permit counts, application mix, and viability — published free at a permanent URL every month.

Who uses it

Investment firms & funds

  • Screen lots by projected return on equity before your competitors see the listing
  • Permit pipeline by city: what is being filed, where, and at what unit count
  • Feasibility models you can interrogate — land basis, build cost, exit value, per lot

Municipalities & planners

  • Whether your SSMUH rezoning is producing permits — counts, mix, and trend
  • The share of your lots where a multiplex actually pencils for a builder
  • Peer benchmarking and Housing Needs Report data support

Builders & lenders

  • Lot-level feasibility before you write an offer or advance a loan
  • Where applications cluster, and what gets approved on lots like yours
  • Cost models grounded in current Metro Vancouver construction pricing

The product, piece by piece

The index is live now. The rest is in active development — request access and we'll show you what's ready.

Live PlexRank™ Index Free monthly BC multiplex figures at a permanent URL.
In development Permit lifecycle tracking Each project followed from application to issued, under construction, completed.
In development Data terminal Maps, parcel scores, permit lists, and watchlists in one logged-in workspace.
In development API access Parcel scores, permits, and index data, programmatically.
In development Research reports Quarterly deep dives behind the index headline numbers.

The builder behind the data

David Babakaiff has built homes in BC for 25 years and is principal of Alair Homes Vancouver, whose multiplex work earned HAVAN recognition in 2024. He co-founded VanPlex to put real build costs and real sale outcomes behind every number. PlexIntel subscribers get quarterly calls with David to pressure-test what the data says against what's happening on job sites.

Request access