The rent prices in real estate in Bedok, in the 16 Upper East Coast region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bedok has risen strongly during the last 6 months. In November, the average price per sq.feet was S$ 5.22. In the following month the price per sq.feet rose considerably to S$ 19.01. The price for the following two months in (January, February) had a considerable rise of 186 %. The price per sq.feet has had a considerable rise of 144 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of S$ 17.31 to S$ 24.87 during March, and April.
When referring to the price in Bedok (cities), this has fallen considerably in the last 6 months. The average price for November is S$ 2,367. During December the price had a slight fall till S$ 2,057. During the following two months (January, February) the average price fell 86 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from S$ 2,060.75 to S$ 1,705, which means a 83 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of S$ 1,675 they are 50 % more affordable than the average price for Bedok . The properties with the highest average price have 4 bedrooms, Their price is 342 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 3,613.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of S$ 14.86 / sq.feet, with an average S$ 22 / sq.feet price in Bedok. The properties with the most expensive average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 3 bedrooms with a price at S$ 17.43 / sq.feet.
The graph displaying the average rent prices displays the property type "Condominium" as the most affordable one. At an cost of S$ 1,675 it is 39 % more affordable than the average price in Bedok. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condominium". At a price of S$ 1,015 it is 230 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Condominium with an average cost of S$ 29 / sq.feet. "Condominium" at an average price of S$ 29 / sq.feet has the highest price and would be directed at more affluent cities.