LexpressProperty Trends - Built residential properties for Mauritians Newsletter Trends No3 | Page 8

Purchase

Local built residential properties

2 . Which new properties have been released for sale in the past 12 months ?
Source : Listings on the Lexpressproperty . com website June 2022 to June 2023
Most frequently featured localities for purchase
50 %
Purchase 8 %
42 %
Albion
Grand Bay
Péreybère
Péreybère
Flic en Flac
Tamarin
Townhouses are underrepresented in the listings compared to the searches
Among the apartments , 6 % are penthouses
Villa Apartment / Penthouse
Median prices *
Rs 14,5 M
Rs 8,2 M
Rs 6 M
Low price 1 st quartile
Apartment
Rs 21,7 M
Rs 13,8 M
Rs 11,5 M
Median price
Villa
Rs 29,2 M
Rs 24,9 M
Rs 19,9 M
High price
4 th quartile
Penthouse
Interpretive key
50 % of the new apartment listings are offered for sale between 6 and 20 million MUR , with an area ranging from 95 to 160 square metres
Surface areas ( m 2 )*
1 st quartile
130 m 2
175 m 2
95 m 2
Low surface area
190 m 2
230 m 2
110 m 2
Median surface area
250 m 2
310 m 2
160 m 2
High surface area
4 th quartile
Apartment Villa
Penthouse
Houses are much more spacious than apartments for slightly higher prices .
* Reading note : The median price / surface area is such that 50 % of the published properties are at a lower price / surface area and 50 % at a higher price / surface area . The 1st quartile represents the 25 % of published properties with the lowest prices / surface areas in the market . The 4th quartile pertains to the 25 % of published properties with the highest prices / surface areas in the market .
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N o 3 . NEWSLETTER TRENDS