Property prices for sale in Air Tawar (Penang)

The prices in real estate in Air Tawar, in the Penang region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.

RM 827,487.67
Average price last 6 months
RM 356.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Air Tawar has increased strongly during the last 6 months. In November, the average price per sq.feet was RM 309. In the following month the price per sq.feet increased to RM 332. In the following two months the price per sq.feet has increased 106 %, going from RM 320.5 to RM 338.5 per sq.feet. The price per sq.feet has had a considerable increase of 124 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of RM 329.5 to RM 410 during March, and April.

Average price

Based upon to the price in Air Tawar (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is RM 731,152. In December This price remains at RM 747,469. In the following two months the average price has remained the same with regard to the previous two months from RM 739,310.5 to RM 735,789. Based on an analysis of the first four prices and the last two months the average price has risen strongly 137 % during the last two months.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 43 % cheaper than the average price of RM 647,650 in Air Tawar. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 43 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 35 % cheaper than the average price of (RM 282 / sq.feet) in Air Tawar. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 35 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Air Tawar we can see that the cheapest property type is "Residential House" at a price of RM 647,650, they are 43 % more affordable than the average price of (!PRECIO2!). "Residential House" has the lowest price. This price is 43 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Residential House with an average price of RM 282 / sq.feet. "Residential House" with an average cost of RM 282 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Air Tawar
Number of properties used in region Penang
RM 1,136,480
RM 431
442
315,492
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value