Property prices for rent in Hougang (19 North East, Hougang)

The rent prices in real estate in Hougang, in the 19 North East, Hougang region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

S$ 2,550.17
Average price last 6 months
S$ 41
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hougang has risen strongly during the last 6 months. In April, the average price per sq.feet was S$ 3.38. In the following month the price per sq.feet fell to S$ 3.13. The price for the following two months in (June, July) had a considerable rise of 2764 %. The price per sq.feet has had a considerable fall of 64 % 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$ 46.61 to S$ 29.78 during August, and September.

Average price

When referring to the price in Hougang (cities), this has fallen in the last 6 months. In our first sample month during April, the average price is S$ 2,815. In May This price remains at S$ 2,894. During the following two months (June, July) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from S$ 2,646.5 to S$ 2,357.5 in August and September.

Average price per bedrooms

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$ 2,495 they are 48 % more affordable than the average price for Hougang . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 2,823.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of S$ 2.59 / sq.feet, with an average S$ 3.4 / sq.feet price in Hougang. The properties with the most expensive average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at S$ 3.27 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of S$ 2,495 it is 72 % more affordable than the average price in Hougang. "Condominium" is seen as the second most affordable property type. The most expensive property type is "HDB House" followed by "Apartment". At a price of S$ 3,110 it is 383 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Detached House" at an average price of S$ 3 / sq.feet followed by "Apartment" priced at S$ 3.37 / sq.feet. "Condominium" is the most expensive type of property with a S$ 1,003 / sq.feet value followed by "House" with an average price of S$ 5 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Hougang
Number of properties used in region 19 North East, Hougang
S$ 2,495
S$ 3.4
2,110
2,272
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region 19 North East, Hougang