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The BPC Report: 3Q2021

The BPC Report: 3Q2021

  • Platinum Properties

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Sales:

• One-bedroom units have made the biggest improvement with a nearly 30% increase in the average price and a 22% increase in the number of units sold.

• Three-bedroom units continue to be strong with a 12.63% increase in the average sale price and a more than 52% increase in the average PPSF.

• One-bedroom and Three-bedroom apartments showed increases in RPSF both QoQ and YoY. Studio and Two-bedroom apartments saw virtually no change QoQ.

Rentals:

• Three-bedroom units saw a 50% decrease in the number rented with a nearly 46% increase in the average rent QoQ.

• There was a 60% decrease in total inventory QoQ and the number of units rented dropped by 24%.

• Studios saw the second-highest increase of 13% in the average rent QoQ and a 14% increase YoY.

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