The rent prices in real estate in Tampines, in the 18 Far East, Tampines 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 Tampines has risen during the last 6 months. In October, the average price per sq.feet was S$ 53.6. In the following month the price per sq.feet rose to S$ 59.27. In the following two months the price per sq.feet has practically remained the same, going from S$ 56.44 to S$ 58.28 per sq.feet. The price per sq.feet has risen 108 % 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$ 57.36 to S$ 61.82 during February, and March.
When referring to the price in Tampines (cities), this has fallen considerably in the last 6 months. The average price for October is S$ 2,419. During November the price had a slight fall till S$ 2,070. During the following two months (December, January) the average price had a considerable fall of 81 % 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 93 %, going from S$ 2,026.5 to S$ 1,883 in February and March.
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$ 1,804 they are 14 % more affordable than the average price for Tampines . The properties with the highest average price have 4 bedrooms, Their price is 152 % more expensive than the average. After that we have properties with 3 bedrooms priced at S$ 3,975.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of S$ 33.71 / sq.feet, with an average S$ 61.93 / sq.feet price in Tampines. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at S$ 46.45 / 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$ 1,804 it is 28 % more expensive than the average price in Tampines. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "HDB House". At a price of S$ 2,316 it is 98 % 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$ 53.26 / sq.feet. "HDB House" with an average price of S$ 53.26 / sq.feet has the most affordable price and would be directed at less affluent cities.