Property prices for sale in Ara Damansara (Selangor)
The prices in real estate in Ara Damansara, in the Selangor 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 Ara Damansara has fallen in the last 6 months. In October, the average price per sq.feet was RM 677. In the following month the price per sq.feet decreased to RM 630. In the following two months the price per sq.feet has barely changed, going from RM 653.5 to RM 652 per sq.feet. The price per sq.feet has decreased 92 % 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 652.75 to RM 603.5 during February, and March.
Based upon to the price in Ara Damansara (cities), this has fallen considerably in the last 6 months. The average price for October is RM 1,107,925. During November the price had a considerable reduction till RM 777,158. During the following two months (December, January) the average price had a considerable increase of 117 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 1,020,648.75 to RM 838,247, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 821,902 they are 49 % more affordable than the average price for Ara Damansara. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 631,949.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 567 / sq.feet, with an average RM 599 / sq.feet price in Ara Damansara. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 1 bedroom with a price at RM 649 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 821,902 it is 60 % cheaper than the average price in Ara Damansara. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 2,740,000 it is 310 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 431 / sq.feet followed by "Terraced House" priced at RM 519 / sq.feet. "Commercial" is the most costly type of property with a RM 824 / sq.feet cost followed by "House" with an average price of RM 742 / sq.feet.
