The prices in real estate in Ayer Hitam, in the Kedah 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.
The price per sq.feet in Ayer Hitam has increased strongly during the last 6 months. In October, the average price per sq.feet was RM 196. In the following month the price per sq.feet increased considerably to RM 234. The price for the following two months in (December, January) had a considerable increment of 118 %. The price per sq.feet has decreased 93 % 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 234.5 to RM 218 during February, and March.
Based upon to the price in Ayer Hitam (cities), these have remained the same in the last 6 months. The average price during our first sample month during October, is RM 387,622. During November the price went through a considerable rise reaching RM 533,970. During the following two months (December, January) the average price fell 87 % 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 430,474.5 to RM 314,134, which means a 73 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more costly than the average price of RM 316,396 in Ayer Hitam. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 55 % cheaper than the average price of (RM 97 / sq.feet) in Ayer Hitam. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 55 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Ayer Hitam we can see that most expensive property type is "Terraced House" at a price of RM 316,396, they are 1 % more costly than the average price of (!PRECIO2!). "Terraced House" has the highest price. This price is 1 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Terraced House with an average price of RM 97 / sq.feet. "Terraced House" with an average cost of RM 97 / sq.feet has the lowest price and would be directed at less affluent cities.