Bahria Enclave-I Islamabad’s performance since January 2012

Bahria Enclave I was one of the most popular Bahria projects in Islamabad among investors until the launch of Bahria Town Karachi. Ever since the Bahria management shifted its focus – and of course its machinery – to Karachi, the pace of development and consequently the buying-selling activity considerably declined in Bahria’s project in the rest of the country, including Bahria Enclave Islamabad. In response to this drop in activity, the property rates in Bahria Enclave I have dropped, but should this drop worry you, the investors? Let’s find out.

To check the current rates of residential plots in Bahria Enclave I, CLICK HERE.

Price trends of 5-marla plots in Bahria Enclave – January 2012 to December 2014

The average sale price of a 5-marla plot in Bahria Enclave I Islamabad back in January 2012 was Rs 1,080,000. As a newly launched project, it had a somewhat difficult start but because of the developer’s track record, the difficult times were soon over and by the end of 2012, the average sale price of these plots had increased by 27.48%. According to Zameen.com’s data, the average sale price of 5-marla residential plots in December 2012 was Rs 1,376,764.

For Bahria Enclave I, 2013 was the year to remember as property rates here for all residential plots increased massively. For 5-marla plots, the price rise recorded by Zameen.com was 118.07%. The average sale price recorded by Zameen.com in January 2013 was Rs 1,455,982, which by December 2013 had increased to Rs 3,175,080 (yes, a price rise of 118.07%).

Then along came 2014, which was believed by many to be the worst year for Bahria Enclave I in a while. For the investors, who had gotten used to seeing great price increases, the dropping numbers in 2014 must have been disappointing. In 2014, the average value of 5-marla plots in Bahria Enclave I fell 8.31%, i.e. from Rs 3,387,818 in January 2014 to Rs 2,990,984 in December 2014.

But look at this graph and tell me honesty if the picture looks that bad to you.

By the way, I am sure you would be happy to know that between January 2012 and December 2014, the average price rise experienced by 5-marla plots in Bahria Enclave is 187.61%, so those who bought their plots around the start of 2012 have seen some truly excellent gains.

Price trends of 10-marla plots in Bahria Enclave – January 2012 to December 2014

Per Zameen.com’s stats, the average sale price of 10-marla residential plots in Bahria Enclave I was Rs 1,930,143 back in January 2012. After experiencing a slight drop in rates during the first quarter of 2012, the demand and sale price of these plots picked up and by the end of the year, their average sale price had increased to Rs 3,678,188, an average price rise of 90.57%.

Although 2013 wasn’t as impressive for 10-marla plots in Bahria Enclave I as 2012, the price growth trend for these plots did continue into 2013 as well. The average sale price of these plots in January 2013, per Zameen.com’s stats, was Rs 4,053,125 and by December 2013, their rates had climbed to Rs 7,291,932, a price rise of 79.70%

In 2014, these 10-marla plots suffered the most from low activity in the market as their average rates dropped by 13.63% between January and December 2014. According to Zameen.com’s stats, the average sale price of 10-malra residential plots in Bahria Enclave in January 2014 was Rs 7,386,210 and by December, their value had dropped to Rs 6,379,700. However, when you take a look at this graph, I am sure you will be a happier owner of a 10-marla residential plot in Bahria Enclave I Islamabad.

Between January 2012 and December 2014, the average sale price of 10-marla plots in Bahria Enclave I has increased 230.53%. Now that’s what I would call a handsome return on investment.

Price trends of 1-kanal plots in Bahria Enclave – January 2012 to December 2014

The average price of 1-kanal plots in Bahria Enclave I was Rs 4,500,000 in January 2012. With plenty of interest from local as well as overseas investors, these plots experienced no trouble gaining in value. By the end of 2012, the average sale price of these plots was hovering around Rs 8,025,000, a price gain of 74.20%. Their performance in 2012 was consistent and their value did not drop throughout the year.

In 2013, the investors were more inclined towards smaller plots in Bahria Enclave I, but this inclination had little or no effect on 1-kanal plots. Between January and December 2013, the average value of these plots increased by another 72.83%. Their average price in January 2013 was Rs 8,530,750, which jumped to Rs 14,518,025 by December 2013.

The 1-kanal plots also faired a little better than their smaller counterparts in 2014, gaining a minute (basically negligible) 0.76% in value. This means that the bigger plots held their value throughout the course of the year. The average rate of these 1-kanal plots recorded in January 2014 was Rs 14,797,412 and it settled at Rs 14,909,775 in December 2014. Here is the best graph of this post! Do you notice any sign of a dip in this one?