Dhaka dwellers seeking more affordable accomodation amid Covid-19 | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
July 09, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, JULY 09, 2025
Dhaka dwellers seeking more affordable accomodation amid Covid-19

Real Estate

TBS Report
14 July, 2020, 08:50 pm
Last modified: 14 July, 2020, 10:50 pm

Related News

  • Bproperty and Rupayan group launch historic joint venture
  • Bproperty launches Eid campaign
  • Your landlord just raised your rent. Do you have any legal recourse?
  • RMG workers unhappy about wage hike, urge govt for taming inflation, instituting rent control
  • Bproperty empowers youth in Real Estate Industry with seminars at ULAB

Dhaka dwellers seeking more affordable accomodation amid Covid-19

The average rent people are willing to pay is between Tk10,000-Tk20,000

TBS Report
14 July, 2020, 08:50 pm
Last modified: 14 July, 2020, 10:50 pm
Dhaka dwellers seeking more affordable accomodation amid Covid-19

Dhaka dwellers are choosing smaller and more affordable homes for rent amid the Covid-19 outbreak.

This is according to a trend analysis of the current situation for renting properties in the city conducted by Bproperty, the sole property solutions provider in Bangladesh.

The research data was collected via the number of users, listings added and queries made at bproperty.com over the past six months, starting from January 2020 to June 2020, read a press release.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Since March, when the Covid-19 pandemic hit the country, most people have been looking for two-bedroom apartments with the preferred size between 1,000-1,500 sq ft.

The average rent people are willing to pay is between Tk10,000-Tk20,000.

Bproperty's analysis has also revealed that in the year 2020, some of the areas with the lowest average rent include Shyampur (Tk8,086), Khilkhet (Tk11,386), Maniknagar (Tk12,427), Kafrul (Tk14,864), Dakshin Khan (Tk15,233), Agargaon (Tk15,829), Hazaribagh (Tk15,918).

Despite the growing demand for rentals in these areas, Uttara, Bashundhara residential area and Mohammadpur remain the most demanded areas for rent. These areas make up about 35 percent of the total demand for 2020.

Bproperty CEO Mark Nosworthy said, "Given the current situation, it is understandable why there has been so much movement in the rental scene. A lot of people are having difficulty meeting their living expenses, which would explain why they prefer to move and rent a less expensive place. We understand peoples' demand, which is why we are very determined to help everyone find their desired homes to rent."

The first quarter of 2020 had been great for rental properties with rental listing growth increasing by about 20 percent from the last quarter of 2019.

The rate of rental property listings started to dip during the end of March when the lockdown was first officially announced, partially because the situation regarding Covid-19 was new for everyone, most people were not sure what to expect and regular activities were slowed down.

The demand for rental properties began to increase again starting in May but it was during June when Bproperty website received a lot of hits on rental properties.

As per the data, many people are looking to rent at the moment and the overall amount of queries for rent is higher than the early part of the year.

Top News

Bproperty / House rent / Pandemic House Rent

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Workers pack undergarments at the packing section of a garment factory in Ashulia, on the outskirts of Dhaka, Bangladesh, April 19, 2025. Photo: REUTERS/Fatima Tuj Johora
    After US tariffs, jobs hang by a thread in Bangladesh's garments sector
  • Bangladesh Bank Governor Ahsan H Mansur. TBS Sketch
    Several bank audit reports contain fictional data: BB governor
  • Mahmud Hasan Khan Babu. Photo: Collected
    BGMEA requests meeting with CA to seek appointment of lobbyist to address US tariff

MOST VIEWED

  • None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
    None saw it coming: What went wrong in Bangladesh’s tariff negotiation with US 
  • File Photo: Rajib Dhar/TBS
    Bangladesh faces economic impact as US introduces 35% tariff on exports
  • Representational image. Photo: Collected
    Bangladesh reserves above $24b even after making $2b ACU payment 
  • Electric buses for capital: Tk2,500cr to be spent in 2 years
    Electric buses for capital: Tk2,500cr to be spent in 2 years
  • Representational image. Photo: TBS
    35% US tariff to be disastrous for Bangladesh's exports, say economists and exporters
  • Clashes took place between police and protesters in Sylhet on 2 August. Photo: TBS
    Hasina authorised deadly crackdown on protesters during 2024 July uprising, BBC verifies leaked audio

Related News

  • Bproperty and Rupayan group launch historic joint venture
  • Bproperty launches Eid campaign
  • Your landlord just raised your rent. Do you have any legal recourse?
  • RMG workers unhappy about wage hike, urge govt for taming inflation, instituting rent control
  • Bproperty empowers youth in Real Estate Industry with seminars at ULAB

Features

Dr Mostafa Abid Khan. Sketch: TBS

Actual impact will depend on how US retailers respond: Mostafa Abid Khan

1d | Economy
Thousands gather to form Bangla Blockade in mass show of support. Photo: TBS

Rebranding rebellion: Why ‘Bangla Blockade’ struck a chord

1d | Panorama
The Mitsubishi Xpander is built with families in mind, ready to handle the daily carpool, grocery runs, weekend getaways, and everything in between. PHOTO: Akif Hamid

Now made-in-Bangladesh: 2025 Mitsubishi Xpander

2d | Wheels
Students of different institutions protest demanding the reinstatement of the 2018 circular cancelling quotas in recruitment in government jobs. Photo: Mehedi Hasan

5 July 2024: Students announce class boycott amid growing protests

4d | Panorama

More Videos from TBS

Not only Hasina but also Awami League should be tried: Mirza Fakhrul

Not only Hasina but also Awami League should be tried: Mirza Fakhrul

1h | TBS Today
Trump considering sanctions on Russia

Trump considering sanctions on Russia

2h | TBS World
Iran receives missile shipment from China

Iran receives missile shipment from China

3h | TBS World
Will JPA be able to survive in the political arena?

Will JPA be able to survive in the political arena?

17h | TBS Stories
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net