The prices in real estate in Alexandra Road, in the 03 Central South region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Alexandra Road has had a strong decrease during the last 6 months. In August, the average price per sq.feet was S$ 1,879. In September this price pretty much remained the same at a value of S$ 1,875 per sq.feet. In the following two months the price per sq.feet has barely changed, going from S$ 1,877 to S$ 1,953.5 per sq.feet. The price per sq.feet has had a considerable deflation of 0 % 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$ 1,915.25 to during December, and January.
Based upon to the price in Alexandra Road (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is S$ 1,713,424. In September This price remains at S$ 1,719,801. In the following two months the average price has remained the same with regard to the previous two months from S$ 1,716,612.5 to S$ 1,775,323. During the last two months the average price has had a strong fall compared to the previous four going from S$ 1,745,967.75 to , which means a 0 % fall.