The prices in real estate in Yio Chu Kang, in the 26 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 Yio Chu Kang has fallen in the last 6 months. In March, the average price per sq.feet was S$ 1,215. In April this price pretty much remained the same at a value of S$ 1,257 per sq.feet. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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$ 1,180 to S$ 1,012 during July, and August.
Based upon to the price in Yio Chu Kang (cities), this has gone up in the last 6 months. The price in March is S$ 3,047,731, rising in April till S$ 3,235,231. During the following two months (May, June) the price has had an average incrementation from S$ 3,141,481 to S$ 3,382,662.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of S$ 3,732,483 they are 80 % more affordable than the average price for Yio Chu Kang. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at S$ 1,578,085.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of S$ 1,109 / sq.feet, with an average S$ 1,037 / sq.feet price in Yio Chu Kang. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 3 bedrooms with a price at S$ 1,178 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of S$ 3,732,483 it is 62 % cheaper than the average price in Yio Chu Kang. "House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Apartment". At a price of S$ 3,267,959 it is 81 % 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$ 1,011 / sq.feet followed by "Condominium" priced at S$ 1,136 / sq.feet. "Bungalow" is the most costly type of property with a S$ 1,249 / sq.feet cost followed by "Apartment" with an average price of S$ 1,220 / sq.feet.