The prices in real estate in Farrer Park, in the 08 Central, Little India 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 Farrer Park has had a strong decrease during the last 6 months. In February, the average price per sq.feet was S$ 2,602. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable increase of 364 % 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$ 650.5 to S$ 2,367 during June, and July.
Based upon to the price in Farrer Park (cities), this has fallen considerably in the last 6 months. The average price for February is S$ 1,654,029. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable reduction of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 715 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 59 % cheaper than the average price of S$ 1,727,105 in Farrer Park. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 59 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 28 % more costly than the average price of (S$ 2,655 / sq.feet) in Farrer Park. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 28 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Farrer Park we can see that the cheapest property type is "Apartment" at a price of S$ 1,727,105, they are 59 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 59 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of S$ 2,655 / sq.feet. "Apartment" at an average price of S$ 2,655 / sq.feet has the most expensive price and would be directed at more affluent cities.