The average rent price in the 21 Central West region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.
The price per sq.feet in 21 Central West has barely changed in the last 6 months. During November, the average price per sq.feet was S$ 72.28. The following month the price fell to S$ 66.09 per sq.feet. The price per sq.feet for the following two months barely changed going from S$ 69.18 to S$ 67.07 per sq.feet. In the last two months, the price per sq.feet has risen 106 %. This has been obtained by comparing the price S$ 68.13 for the first four months of the sample with regard to the previous 4 months and the price S$ 72.13 per sq.feet for the last two months (March, April).
When referring to the price in 21 Central West (region), this has fallen in the last 6 months. The average rent price in November is S$ 2,667. In December the price rose to S$ 2,815. The average price for the following two months (January, February) fell 94 % compared to the previous two. During the last two months the price has gone down 85 % compared to the previous average values going from S$ 2,661.75 a S$ 2,269.5 in March y April.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 24 % cheaper than the average price in 21 Central West followed by those with 2 with an average price of S$ 3,381. The most expensive properties have 4 bedrooms. They are 342 % more expensive than the average followed by those properties with 3 bedrooms priced at S$ 4,404.
Based on the average price per sq.feet those properties with 3 bedrooms are the most affordable ones with a price of S$ 46.25 / sq.feet being S$ 70.54 / sq.feet the average for 21 Central West. The properties with the highest average price are those with 1 bedroom. These are 3 % more expensive than the average followed by those with 2 bedrooms with a price of S$ 49.08 / sq.feet.
The graph displaying the average rent price according to the property type shows "HDB House" as the most expensive one. With an average cost of S$ 2,418 it is 28 % more costly than the average in 21 Central West. This is followed by "Office" with a cost of S$ 4,682. The most expensive property type is "" and is 741 % more costly than the average, followed by "Condominium" with a cost of S$ 5,171.
Based upon the average cost per sq.feet the most affordable property type is "Condominium with a an average price of S$ 1 / sq.feet, followed by "HDB House" with a price of S$ 63 / sq.feet. "HDB House" with an average price of S$ 63 / sq.feet is the most affordable type of property followed by "Condominium" at a price of S$ 1 / sq.feet.