20 August, 2018
Top Rental Localities in Faisalabad
Tips & Advice
If you are looking to rent out your house or if you are a tenant and seeking some better rental option in Faisalabad, here is all details what you need to know about the market situation. Mention below are some most popular localities in Faisalabad we hope it will help you.
Faisalabad’s Top Rental Localities in December
| Rank | Locality | Performance |
| 1 | Madina Town | +1 |
| 2 | Eden Gardens | -1 |
| 3 | Wapda City | +2 |
| 4 | Eden Valley | +2 |
| 5 | Peoples Colony No. 1 | -2 |
| 6 | Canal Road | -2 |
| 7 | Satiana Road | No Change |
| 8 | Peoples Colony No. 2 | No Change |
| 9 | Samnabad | +16 |
| 10 | Tech Town (TNT Colony) | +8 |
According to our market analysis Wapda City in an exception that has almost consistently made it to the top five throughout the past year. Madina Town and Eden Gardens continued their exchange of spots both of them remained firm on their top two spots. After Peoples Colony No. 2 in the above list, it seems that the situation is pretty volatile in terms of rankings, with Samnabad and TECH Town jumping up 16 and 8 ranks while Jaranwala Road and Muslim Town hopping down 12 and 11 ranks. This is because the localities from the eighth rank upwards form the core of the rental attraction for public and dominate a significantly major chunk of the rental market in Faisalabad.
Following is the average rent and the rental yield for double storey houses in Faisalabad’s localities:
Madina Town
The most popular block for rent is Block W. The average rents and rental yields during the month in Madina Town were as follows:
| Plot Size | Average Rents (in PKR) | Average Rental Yield |
| 5 Marla | 30,000 | 4.2% |
| 10 Marla | 45,000 | 3.5% |
| 1 Kanal | 75,000 | 2.7% |
Eden Gardens
Eden Executive was the most popular sub-locality during the month of December, while the average rents and rental yields were as follows:
| Plot Size | Average Rents (in PKR) | Average Rental Yield |
| 5 Marla | 30,000 | 3.6% |
| 10 Marla | 60,000 | 3.7% |
| 1 Kanal | 125,000 | 4.6% |
Wapda City
Block L with 5-marla plots was the most popular sub-locality for rentals in December, while the rents in Wapda City stood as follows:
| Plot Size | Average Rents (in PKR) | Average Rental Yield |
| 5 Marla | 25,000 | 4% |
| 10 Marla | 35,000 | 3.6% |
| 1 Kanal | 75,000 | 2.8% |
Eden Valley
The rents and rental yields in Eden Valley during December were following:
| Plot Size | Average Rents (in PKR) | Average Rental Yield |
| 5 Marla | 30,000 | 3.6% |
| 10 Marla | 60,000 | 3.7% |
| 1 Kanal | 125,000 | 4.6% |
Peoples Colony No. 1
The most popular sub-localities for rentals in Peoples Colony No. 1 in December were Blocks B and D while the rents and rental yields stood as follows:
| Plot Size | Average Rents (in PKR) | Average Rental Yield |
| 7 Marla | 35,000 | 3.4% |
| 1 Kanal | 110,000 | 3.7% |
This was a short but brief roundup of top rental localities of Faisalabad we hope you found this blog helpful for more help or any assistance you need contact us at Apex Group “Converting Dreams into Realities”
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