{"id":1253,"date":"2013-07-16T06:08:36","date_gmt":"2013-07-16T01:08:36","guid":{"rendered":"http:\/\/www.zameen.com\/blog\/?p=1253"},"modified":"2020-11-16T15:40:47","modified_gmt":"2020-11-16T10:40:47","slug":"what-does-karachi-have-in-common-with-singapore","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html","title":{"rendered":"What does Karachi have in common with Singapore?"},"content":{"rendered":"

\"\"<\/p>\n

Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area wise yet in the face of its increasing population, it faces a scarcity of land, the same way Singapore does. Singapore is half the size of Lahore, imagine. So the lack of space but consistent demand for both the places means super expensive property.<\/p>\n

Singapore, being a modern example of just how fast a country can progress, has set quite some examples for other countries in a number of ways. The Singaporean accommodation system can also be dubbed an ideal system where the government has focused on building apartment buildings to occupy little space and accommodate as many families as possible.<\/p>\n

Karachi too is rather heavily dependent on apartment buildings because the land here is otherwise so expensive. In retrospect, Karachi\u2019s law and order situation has lead many people to believe that the prices of property here are rather low and as such there is no genuine buying and selling in the market. That, of course, is as far away from the truth as can be.<\/p>\n

Property market in Karachi is just about as robust and dynamic as any other market in Pakistan. You can get an idea about it by having a look at property prices here. DHA Lahore is a top-notch community by anyone\u2019s standard and by far, it is also the most expensive. But if you compare the prices of plots in DHA Lahore<\/a> or even houses with that of property in DHA Karachi, you\u2019d be positively surprised.<\/p>\n

As per Zameen.com\u2019s recent blog post<\/a>, on the average the prices of 1 kanal houses in DHA Karachi were 32.67% higher than the 1 kanal houses in DHA Lahore during the first six months of 2013. To further startle you, let me throw in another fact about Karachi. As a coastal, metropolitan city property prices are surprisingly low in Karachi as compared to some other international coastal cities. But as far as the local property markets are concerned, Karachi takes the cake!<\/p>\n

How\u2019s that for an underperforming market?<\/p>\n","protected":false},"excerpt":{"rendered":"

Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area wise yet in the face of its increasing population, it faces a scarcity of land, the same way Singapore does. Singapore is half the size of Lahore, imagine. So the lack of space but consistent demand for both the places means super expensive property.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15018,15019],"tags":[],"persona":[],"class_list":{"0":"post-1253","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-opinion","7":"category-research-analysis","8":"cat-15018-id","9":"cat-15019-id"},"acf":[],"yoast_head":"\nWhat does Karachi have in common with Singapore? - Zameen News<\/title>\n<meta name=\"description\" content=\"Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What does Karachi have in common with Singapore? - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ZameenPK\" \/>\n<meta property=\"article:published_time\" content=\"2013-07-16T01:08:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-11-16T10:40:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/12\/pakistan.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"350\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shaista Zulfiqar\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:site\" content=\"@ZameenProperty\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shaista Zulfiqar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"What does Karachi have in common with Singapore? - Zameen News","description":"Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html","og_locale":"en_US","og_type":"article","og_title":"What does Karachi have in common with Singapore? - Zameen News","og_description":"Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area","og_url":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html","og_site_name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","article_publisher":"https:\/\/www.facebook.com\/ZameenPK","article_published_time":"2013-07-16T01:08:36+00:00","article_modified_time":"2020-11-16T10:40:47+00:00","og_image":[{"width":600,"height":350,"url":"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2018\/12\/pakistan.jpg","type":"image\/jpeg"}],"author":"Shaista Zulfiqar","twitter_card":"summary_large_image","twitter_creator":"@ZameenProperty","twitter_site":"@ZameenProperty","twitter_misc":{"Written by":"Shaista Zulfiqar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html#article","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html"},"author":{"name":"Shaista Zulfiqar","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/adbfb7b4ed9e5d37898544545cc81f9a"},"headline":"What does Karachi have in common with Singapore?","datePublished":"2013-07-16T01:08:36+00:00","dateModified":"2020-11-16T10:40:47+00:00","mainEntityOfPage":{"@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html"},"wordCount":370,"commentCount":0,"publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"articleSection":["Opinion","Research & Analysis"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html","url":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html","name":"What does Karachi have in common with Singapore? - Zameen News","isPartOf":{"@id":"https:\/\/www.zameen.com\/news\/#website"},"datePublished":"2013-07-16T01:08:36+00:00","dateModified":"2020-11-16T10:40:47+00:00","description":"Think! If you think it\u2019s nothing then you\u2019re wrong. The largest city of Pakistan is home to over 23 million people so although it\u2019s also a huge city area","breadcrumb":{"@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.zameen.com\/news\/what-does-karachi-have-in-common-with-singapore.html#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.zameen.com\/news"},{"@type":"ListItem","position":2,"name":"What does Karachi have in common with Singapore?"}]},{"@type":"WebSite","@id":"https:\/\/www.zameen.com\/news\/#website","url":"https:\/\/www.zameen.com\/news\/","name":"Pakistan Real Estate News & Pakistan Property News & Latest Updates - Zameen News","description":"","publisher":{"@id":"https:\/\/www.zameen.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.zameen.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.zameen.com\/news\/#organization","name":"Zameen.com","alternateName":"Zameen","url":"https:\/\/www.zameen.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","contentUrl":"https:\/\/news-cdn.zameen.com\/wp-content\/upload\/2015\/09\/Zameen.com_-_Logo.png","width":600,"height":300,"caption":"Zameen.com"},"image":{"@id":"https:\/\/www.zameen.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ZameenPK","https:\/\/x.com\/ZameenProperty","https:\/\/www.instagram.com\/zameenpk\/"]},{"@type":"Person","@id":"https:\/\/www.zameen.com\/news\/#\/schema\/person\/adbfb7b4ed9e5d37898544545cc81f9a","name":"Shaista Zulfiqar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/e538a5928d8c7cfd9482c9adb2a3515bd10d7c523eb6e4e47b8a4f28cfb2d85f?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e538a5928d8c7cfd9482c9adb2a3515bd10d7c523eb6e4e47b8a4f28cfb2d85f?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e538a5928d8c7cfd9482c9adb2a3515bd10d7c523eb6e4e47b8a4f28cfb2d85f?s=96&d=mm&r=g","caption":"Shaista Zulfiqar"},"description":"Shaista Zulfiqar is the Senior Communication Manager at Zameen Media (Pvt) Ltd. You can also find and follow her on Google+.","sameAs":["http:\/\/www.zameen.com"],"url":"https:\/\/www.zameen.com\/news\/author\/shaista-zulfiqar"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/1253","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/comments?post=1253"}],"version-history":[{"count":8,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/1253\/revisions"}],"predecessor-version":[{"id":66424,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/posts\/1253\/revisions\/66424"}],"wp:attachment":[{"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/media?parent=1253"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/categories?post=1253"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/tags?post=1253"},{"taxonomy":"persona","embeddable":true,"href":"https:\/\/www.zameen.com\/news\/wp-json\/wp\/v2\/persona?post=1253"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}