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ARGUS EstateMaster is Altus Group’s feasibility analysis, budgeting, and cash flow forecasting software for real estate development. It is designed for projects such as land subdivision, residential, commercial, retail, industrial, build-to-sell, and build-to-rent developments. Its focus is not general project management, but financial modeling, funding requirements, risk analysis, and investment returns for development projects.
The product is organized by use case into Development Feasibility, Development Management, and Corporate Consolidation. Development Feasibility focuses on residual land value, KPIs, scenario analysis, risk assessment, financing, and reporting. The project management module can import approved feasibility models for cash flow forecasting, budget tracking, actuals import, and project reporting. The corporate consolidation module is aimed at large projects and portfolios, supporting multi-stage consolidation, business planning, currency conversion, dashboards, and portfolio reporting. For integrations, the official website states that it can connect with Xero, QuickBooks, MYOB, Workbench, MRI Project Cost, SQL Server, Salesforce, Propertybase, as well as Word and Excel. It is especially suitable for teams that still rely on spreadsheets but want stronger model governance and automated reporting.
Pricing is subscription-based, with multiple plans and discounts for multi-year subscriptions, but prices are not publicly disclosed and require contacting sales. A 14-day free trial is available; after submitting the required information, users can download and install the relevant modules to activate it. Support resources are fairly comprehensive, including tickets, online chat, a support community, software downloads, and guides. Public training, private training, eLearning, certification training, and YouTube onboarding videos are also available.
Its strengths are its deep industry specialization and full coverage of the development workflow, from land acquisition feasibility and financing structures to budget tracking and portfolio reporting. It also offers a strong reporting framework and integrates well with finance, CRM, and Office tools. The drawbacks are that pricing is not transparent, the deployment model can only be inferred from the available text as downloadable/installable software, and there is limited disclosure around cloud capabilities, permission management, data security certifications, and API capabilities. It is best suited to real estate developers, valuers, consultants, and financial institutions, rather than teams that only need a generic budgeting spreadsheet or lightweight project management tool.
The official country list includes China, but the main content does not clarify China-specific services, payment methods, network accessibility, or local compliance arrangements, so its accessibility from China should be considered unknown. Domestic teams should confirm network access, contracting entity, invoicing and payment methods, cross-border data transfer requirements, and local support before purchasing. Comparable options include ARGUS Developer, Forbury, custom Excel-based models, and domestic real estate investment, cost, and funding analysis systems.
⚠ This review is compiled from public sources and does not constitute a purchase recommendation. Verify all facts on the vendor's official site. Verify on estatemaster.com official site.
estatemaster.com is an Australia Real Estate provider. TG4G tracks its product information, an overall rating of 7.0/10, and a China-accessibility score of Workable. Click "Visit Official Site" to reach estatemaster.com directly.