Property prices for sale in Alor Gajah (Melaka)
The prices in real estate in Alor Gajah, in the Melaka region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Alor Gajah has fallen in the last 6 months. In October, the average price per sq.feet was RM 188. In the following month the price per sq.feet decreased to RM 167. In the following two months the price per sq.feet has increased 106 %, going from RM 177.5 to RM 188 per sq.feet. The price per sq.feet has decreased 91 % 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 182.75 to RM 165.5 during February, and March.
Based upon to the price in Alor Gajah (cities), this has gone downing the last 6 months. The average price for October is RM 307,986. During November the price had a slight fall till RM 271,760. In the following two months the average price has remained the same with regard to the previous two months from RM 289,873 to RM 297,998. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 293,935.5 and RM 295,391.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 294,789 they are 46 % more affordable than the average price for Alor Gajah. The properties with the highest average price have 1 bedroom, Their price is 361 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 364,190.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 146 / sq.feet, with an average RM 166 / sq.feet price in Alor Gajah. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 156 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 294,789 it is 54 % cheaper than the average price in Alor Gajah. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Bungalow". At a price of RM 522,931 it is 1294 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Bungalow" at an average cost of RM 80 / sq.feet followed by "Condominium" priced at RM 129 / sq.feet. "Commercial" is the most costly type of property with a RM 474 / sq.feet cost followed by "Terraced House" with an average price of RM 184 / sq.feet.
