The prices in real estate in Joo Chiat, in the 15 East Coast, Katong region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Joo Chiat has remained the same in the last 6 months. In May, the average price per sq.feet was S$ 1,582. In June this price pretty much remained the same at a value of S$ 1,603 per sq.feet. In the following two months the price per sq.feet has barely changed, going from S$ 1,592.5 to S$ 1,615.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of S$ 1,604 to S$ 1,636.5 during September y October
Based upon to the price in Joo Chiat (cities), this has gone up in the last 6 months. The price in May is S$ 2,337,085, rising in June till S$ 2,585,087. During the following two months (July, August) the price has had an average incrementation from S$ 2,461,086 to S$ 2,699,432.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of S$ 2,580,259.25 and S$ 2,547,137 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of S$ 2,493,240 they are 62 % more affordable than the average price for Joo Chiat. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at S$ 2,201,689.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of S$ 1,634 / sq.feet, with an average S$ 1,653 / sq.feet price in Joo Chiat. The properties with the highest average prices have 4 bedrooms. They are 4 % more expensive than the average followed by properties with 1 bedroom with a price at S$ 1,705 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of S$ 2,493,240 it is 14 % cheaper than the average price in Joo Chiat. "Apartment" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Bungalow". At a price of S$ 8,795,464 it is 295 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of S$ 1,163 / sq.feet followed by "Bungalow" priced at S$ 1,401 / sq.feet. "Office" is the most costly type of property with a S$ 3,981 / sq.feet cost followed by "Condominium" with an average price of S$ 1,768 / sq.feet.