Newsletter Trends No7 - En Edition 7 | Page 19

Rent

Property Rental- South & East

Source: Listings on LexpressProperty. com( Aug 2023 – Jul 2024)
Listings- Median Prices *
South- Houses
Rs 55 K
East- Houses
Rs 80 K
Rs 40 K
Rs 75 K
Rs 45 K
Rs 145 K
Lower price
Median price
Higher price
1 st quartile
4 th quartile
Lower price
Median price
Higher price
1 st quartile
4 th quartile
South- Apartments
Rs 30 K
East- Apartments
Rs 65 K
Rs 20 K
Rs 60 K
Rs 30 K
Rs 111 K
Lower price
Median price
Higher price
1 st quartile
4 th quartile
Lower price
Median price
Higher price
1 st quartile
4 th quartile
Key infos
In the South and East, the listings generating the most leads have a median price of Rs 25,000 per month. Flacq and Riambel appear repeatedly in this category.
In the East, apartment prices are particularly high as half of them are beachfront properties.
* Reading note: The median price is the point at which 50 % of listed properties are priced below, and 50 % above. The first quartile represents the 25 % of listings with the lowest prices on the market. The fourth quartile corresponds to the 25 % of listings with the highest prices.
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