The average price in the 19 North East, Hougang region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in 19 North East, Hougang has increased strongly in the last 6 months. During October, the average price per sq.feet was S$ 5,712. The following month (November) the price increased to S$ 6,530 per sq.feet. The following two months (December, January) went through an increase of 108 % in the price per sq.feet rising from S$ 6,121 to S$ 6,605 per sq.feet. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of S$ 6,363 to S$ 6,616.5 during February and March.
Based upon to the price in 19 North East, Hougang(region), these have remained the same in the last 6 months. In the first month sample October the average price is S$ 641,306. In November the price was the same at S$ 614,943. In the following two months the average price didn't change much compared to the previous two going from S$ 628,124.5 to S$ 648,769.5. During the last two months the average price has remained stagnant and has gone from S$ 638,447 to S$ 662,262 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 45 % more affordable than the average price in 19 North East, Hougang followed by those with 2 with an average price of S$ 520,687. The most costly properties have 4 bedrooms. They are 28 % more expensive than the average followed by those properties with 3 bedrooms priced at S$ 673,180.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of S$ 6,316 / sq.feet being S$ 6,580 / sq.feet the average value within the 19 North East, Hougang region. The properties with the most expensive average price are those with 1 bedroom. These are 25 % more costly than the average followed by those with 2 bedrooms with a price of S$ 7,220 / sq.feet.
The graph displaying the average price according to the property type shows "HDB House" as the cheapest one. With an average cost of S$ 666,906 it is 9 % more affordable than the average in 19 North East, Hougang. This is followed by "Condominium" with a price of S$ 1,350,109. The dearest property type is "Detached House" and is 1281 % more expensive than the average, followed by "Apartment" with a cost of S$ 4,683,708.
Based on the average cost per sq.feet the cheapest property type is "Apartment with a an average cost of S$ 1,224 / sq.feet, followed by "House" with a price of S$ 1,245 / sq.feet. "HDB House" with an average price of S$ 6,352 / sq.feet is the cheapest type of property followed by "Office" at a price of S$ 3,150 / sq.feet.