Home » Real Estate Trends » Here’s your key to decode price trends in Islamabad!
When investing in a real estate project, buyers mostly pick potentially rewarding plot size by comparing price tags of the available options. In case of a direct deal, buyers and seller can negotiate on rates and no so much otherwise. And since direct deals are very rare to come across, many are left to do as recommended by their consultants. If you wish to know the game as it’s played, you need more than mere consultation; you need to observe data, the data maintained and organised for you!
This report talks about how different plot sizes in Islamabad fared during the last one year.
1-Kanal residential plots
Between August 2017 and July 2018, value of 1-kanal residential plots in Islamabad has mostly been going up. The drop seen for a few times was rather minor. Not to mention that the average rate of a 1-kanal plot in Islamabad is cheaper by over 15% than a plot of the same size in Lahore. The difference increases further when compared with Karachi.
You can have a thorough look at these statistics by visiting Islamabad’s 1-Kanal plot price index.
Between the said months, the value rose by 7.48%. The number appears quite satisfactory in the circumstances when most of the buyers were up for purchasing smaller plots. The average price of a 1-kanal residential plot in Islamabad, as of July 2018, rests at PKR 15.14 million.
Here is how 1-kanal plots’ value in prime places fluctuated during the year:
Project | Price change % |
F-17 | 14.42% |
Gulberg | 13.75% |
D-12 | 11.59% |
DHA Phase II | 4.44% |
Bahria Town | 3.13% |
10-Marla residential plots
Quite interestingly, this plot size fared okay, where the random price drops were marginal, while price appreciation was recorded at modest rates. When compared with the value of 10-marla residential plots in Lahore, that in Islamabad is lower by over 12%.
You must check out the complete data on Zameen Index for 10 marla plots in Islamabad.
In the last one year, the value of 10-marla residential plots increased marginally by 5.12%, where the month-on-month price rise is rather minute at 0.46%. As per the statistics recorded in July 2018, the average price of a 10-marla residential plot in Islamabad stands at PKR 7 million.
Here are the percentage changes recorded for 10-marla plots in Islamabad’s prime localities:
Project | Price change % |
B-17 | 37.86% |
G-13 | 9.85% |
Gulberg | 6.32% |
G-14 | 4.36% |
FECHS | 5.34% |
Bahria Enclave | 4.59% |
Bahria Town | -4.05% |
5-Marla residential plots
According to our data, the value of this plot size also dropped, but at a marginal rate. The price rise seen during other months was nonetheless more prominent, which accounts for an overall impressive performance in terms of price appreciation. On average, 5-marla residential plots in Islamabad are cheaper by 4.93% in comparison with plots of the same sizes in Lahore.
Find out more using our exclusive data on the price index for 5-marla plots in Islamabad.
The average value of a 5-marla plot in Islamabad rose by 20.7% between Aug 2017 and July 2018, which is much higher than its larger counterparts. This could also suggest that future investment in this plot size could potentially be more rewarding. As recorded by Zameen.com, the value currently stands at PKR 5.25 million.
Have a look at the table given here to see how 5-marla plot rates in popular societies fared:
Project | Price change % |
Bahria Enclave | 7.85% |
DHA Phase II | 6.13% |
G-14 | 5.92% |
I-12 | 3.74% |
Based on this data, which plot size and societies do you think can be potentially rewarding to invest in Islamabad? Let us know through comments. We are also available to address any query you might have regarding the property sector of Islamabad.
Comments are closed.
Good analysis and looks fair as well. Can you please share reasons of negative trend for Bahria town 10 marla plots?
Also, appreciate if you can write another post with potential trends for next one year for different societies in twin cities.