The rent prices in real estate in Queenstown, in the 03 Central South 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 Queenstown has risen strongly during the last 6 months. In October, the average price per sq.feet was S$ 65.52. In the following month the price per sq.feet rose to S$ 74.3. In the following two months the price per sq.feet has risen 111 %, going from S$ 69.91 to S$ 77.33 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of S$ 73.62 to S$ 76.84 during February y March
When referring to the price in Queenstown (cities), this has fallen in the last 6 months. The average price for October is S$ 2,602. During November the price had a slight fall till S$ 2,350. In the following two months the average price has hardly changed with regard to the previous two months from S$ 2,476 to S$ 2,454.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of S$ 2,465.25 and S$ 2,405 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of S$ 2,329 they are 2 % more expensive than the average price for Queenstown. Following this ranking we find those properties with 2 at an average price of S$ 3,519. The properties with the highest average price have 4 bedrooms, Their price is 289 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 4,400.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of S$ 49.95 / sq.feet, with an average S$ 77.86 / sq.feet price in Queenstown. The properties with the most affordable average prices have 1 bedroom. They are 12 % more affordable than the average followed by properties with 2 bedrooms with a price at S$ 55.66 / sq.feet.
According to average price per property type in Queenstown, "" priced at S$ 1,395 is 40 % lower than the average price (S$ 2,329) in this city.