The rent prices in real estate in Sengkang, in the 19 North East, Hougang region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sengkang has risen during the last 6 months. In October, the average price per sq.feet was S$ 56.09. In the following month the price per sq.feet rose considerably to S$ 64.68. In the following two months the price per sq.feet has risen 108 %, going from S$ 60.38 to S$ 65.19 per sq.feet. The price per sq.feet has fallen 93 % 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$ 62.79 to S$ 58.26 during February, and March.
When referring to the price in Sengkang (cities), this has fallen in the last 6 months. The average price for October is S$ 2,101. During November the price had a considerable fall till S$ 1,628. In the following two months the average price has hardly changed with regard to the previous two months from S$ 1,864.5 to S$ 1,842.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 117 % during the last two months.
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$ 2,310 they are 39 % more affordable than the average price for Sengkang . The properties with the highest average price have 4 bedrooms, Their price is 79 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 3,751.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of S$ 33.2 / sq.feet, with an average S$ 58.73 / sq.feet price in Sengkang. The properties with the most expensive average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 2 bedrooms with a price at S$ 42.42 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of S$ 2,310 it is 61 % more affordable than the average price in Sengkang. "HDB House" is seen as the second most affordable property type. The most expensive property type is "HDB House" followed by "". At a price of S$ 907 it is 14 % more expensive than the average price.
According to the average area price by sq.feet the most affordable property type is "HDB House with an average cost of S$ 54.03 / sq.feet. "HDB House" with an average price of S$ 54.03 / sq.feet has the most affordable price and would be directed at less affluent cities.