The rent prices in real estate in Clementi, in the 21 Central West 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 Clementi has risen strongly during the last 6 months. In October, the average price per sq.feet was S$ 46.46. In the following month the price per sq.feet rose considerably to S$ 72.28. In the following two months the price per sq.feet has risen 110 %, going from S$ 59.37 to S$ 65.12 per sq.feet. The price per sq.feet has had a considerable rise of 115 % 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$ 62.25 to S$ 71.86 during February, and March.
When referring to the price in Clementi (cities), this has fallen considerably in the last 6 months. The average price for October is S$ 3,180. During November the price had a considerable fall till S$ 2,667. In the following two months the average price has hardly changed with regard to the previous two months from S$ 2,923.5 to S$ 2,856. During the last two months the average price has fallen greatly compared to the previous four going from S$ 2,889.75 to S$ 2,194.5, which means a 76 % 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$ 2,121 they are 1 % more affordable than the average price for Clementi . The properties with the highest average price have 4 bedrooms, Their price is 404 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 4,341.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of S$ 48.14 / sq.feet, with an average S$ 73.72 / sq.feet price in Clementi. The properties with the most affordable average prices have 1 bedroom. They are 14 % more affordable than the average followed by properties with 2 bedrooms with a price at S$ 49.38 / sq.feet.
The graph displaying the average rent prices displays the property type "HDB House" as the most expensive one. At an cost of S$ 2,121 it is 46 % more expensive than the average price in Clementi. "Office" is seen as the second most expensive property type. The most expensive property type is "" followed by "Condominium". At a price of S$ 5,177 it is 860 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condominium" at an average price of S$ 2 / sq.feet followed by "HDB House" priced at S$ 64 / sq.feet. "HDB House" is the most affordable type of property with a S$ 64 / sq.feet value followed by "Condominium" with an average price of S$ 2 / sq.feet.