The prices in real estate in Punggol, in the 19 North East, Hougang region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Punggol has fallen in the last 6 months. In March, the average price per sq.feet was S$ 2,419. In April this price pretty much remained the same at a value of S$ 2,467 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 81 with regard to the prior two months. 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$ 2,208.75 to S$ 2,269.5 during July y August
Based upon to the price in Punggol (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is S$ 1,368,723. In April This price remains at S$ 1,376,787. During the following two months (May, June) the price has had an average incrementation from S$ 1,372,755 to S$ 1,560,013. 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$ 1,466,384 and S$ 1,399,084 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of S$ 1,470,136 they are 45 % more affordable than the average price for Punggol. The properties with the highest average price have 4 bedrooms, Their price is 94 % more costly than the average. After that we have properties with 2 bedrooms priced at S$ 1,117,912.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of S$ 1,885 / sq.feet, with an average S$ 2,299 / sq.feet price in Punggol. The properties with the highest average prices have 3 bedrooms. They are 46 % more expensive than the average followed by properties with 1 bedroom with a price at S$ 2,360 / sq.feet.
The graph displaying the average prices displays the property type "HDB House" as the most affordable one. At an cost of S$ 1,470,136 it is 56 % cheaper than the average price in Punggol. "Condominium" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of S$ 4,622,651 it is 491 % 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$ 1,290 / sq.feet followed by "Apartment" priced at S$ 1,319 / sq.feet. "HDB House" is the most costly type of property with a S$ 6,809 / sq.feet cost followed by "Office" with an average price of S$ 3,319 / sq.feet.