The prices in real estate in Woodlands, in the 25 Far North 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 Woodlands has fallen in the last 6 months. In April, the average price per sq.feet was S$ 844. In May this price pretty much remained the same at a value of S$ 852 per sq.feet. The price for the following two months in (June, July) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 88 % 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$ 809 to S$ 714 during August, and September.
Based upon to the price in Woodlands (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is S$ 967,029. In May This price remains at S$ 952,373. During the following two months (June, July) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from S$ 906,236.75 to S$ 818,416.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of S$ 779,046 they are 23 % more affordable than the average price for Woodlands. The properties with the highest average price have 4 bedrooms, Their price is 41 % more costly than the average. After that we have properties with 3 bedrooms priced at S$ 732,686.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of S$ 659 / sq.feet, with an average S$ 705 / sq.feet price in Woodlands. The properties with the highest average prices have 1 bedroom. They are 68 % more expensive than the average followed by properties with 2 bedrooms with a price at S$ 808 / sq.feet.
The graph displaying the average prices displays the property type "HDB House" as the most affordable one. At an cost of S$ 779,046 it is 49 % cheaper than the average price in Woodlands. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Apartment". At a price of S$ 1,709,661 it is 542 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "HDB House" at an average cost of S$ 416 / sq.feet followed by "Detached House" priced at S$ 628 / sq.feet. "House" is the most costly type of property with a S$ 887 / sq.feet cost followed by "Condominium" with an average price of S$ 835 / sq.feet.