The prices in real estate in Woodlands, in the 25 Far North 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 Woodlands has remained the same in the last 6 months. In July, the average price per sq.feet was S$ 3,986. In August this price pretty much remained the same at a value of S$ 4,009 per sq.feet. In the following two months the price per sq.feet has barely changed, going from S$ 3,997.5 to S$ 4,075.5 per sq.feet. The price per sq.feet has increased 106 % 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$ 4,036.5 to S$ 4,293.5 during November, and December.
Based upon to the price in Woodlands (cities), this has gone up in the last 6 months. In our first sample month during July, the average price is S$ 482,224. In August This price remains at S$ 477,361. During the following two months (September, October) the price has had an average incrementation from S$ 479,792.5 to S$ 517,720. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of S$ 540,622 they are 16 % more expensive than the average price for Woodlands. Following this ranking we find those properties with 1 at an average price of S$ 632,365. The properties with the highest average price have 4 bedrooms, Their price is 90 % more costly than the average. After that we have properties with 2 bedrooms priced at S$ 733,973.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of S$ 539 / sq.feet, with an average S$ 4,291 / sq.feet price in Woodlands. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 2 bedrooms with a price at S$ 777 / sq.feet.
The graph displaying the average prices displays the property type "HDB House" as the most affordable one. At an cost of S$ 540,622 it is 17 % cheaper than the average price in Woodlands. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condominium". At a price of S$ 936,518 it is 155 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of S$ 391 / sq.feet followed by "HDB House" priced at S$ 527 / sq.feet. "Detached House" is the cheapest type of property with a S$ 877 / sq.feet value followed by "Condominium" with an average price of S$ 819 / sq.feet.