CityBase

KARACHI: Pakistan’s Big cities Islamabad, Karachi and Lahore are the trading capitals in online second-hand items with a value of Rs7,766 per capita; Citybase.com.pk – an online free classifieds site for used items – said in a press release on Tuesday. The online classified portal has compiled the data of all the postings it received during last ten months, according to officials. Lahore and Karachi were the second and the third largest markets for the online trade of second hand items with Rs6,904 per capita and Rs1,722 per capita respectively – Pakistan has an overall per capita of Rs851; it said. The press release further said that Lahore has the highest value for second hand cars with an average price of Rs785,036 followed by the twin cities and Karachi with the average price of Rs761,252 and Rs626,951 respectively – possibly owing to Karachi being the first city on port-entry for all second hand imports. Rawalpindi/Islamabad, however, prove to be the more technologically ambitious of the cities with an average price of Rs13,149 for second-hand mobile phones – mostly smartphones – followed by Lahore and Karachi where the average value for second hand mobile phone is Rs12,526 and Rs11,284 respectively. Further analysis show the average price for houses in Karachi is Rs21.9 million compared to Rs13.6 million in Lahore. Rawalpindi/Islamabad has one of the lowest average values for houses with an average value of Rs13.5 million; the press release said. In terms of sheer numbers of Pakistan Classifieds, Lahore is the online classified trading leader in Pakistan according to Citybase.com.pk with over 47% of the online classified trading market share. Karachi holds 23.4% of the market, Rawalpindi and Islamabad hold 21.4%, Peshawar holds 1.2% and Quetta holds 0.3% of that market segment; it said. “In Pakistan, the use of online shopping or trading mediums is still relatively new; despite this the figures are so promising,” said Ebrahim Ali , Internet Marketer at Citybase.com.pk .