Property prices for sale in Bagan Ajam (Penang)
The prices in real estate in Bagan Ajam, in the Penang region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bagan Ajam has increased during the last 6 months. In October, the average price per sq.feet was RM 333. In the following month the price per sq.feet increased to RM 354. In the following two months the price per sq.feet has barely changed, going from RM 343.5 to RM 352 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 347.75 to RM 356.5 during February y March
Based upon to the price in Bagan Ajam (cities), these have remained the same in the last 6 months. The average price for October is RM 608,625. During November the price had a slight fall till RM 577,000. In the following two months the average price has remained the same with regard to the previous two months from RM 592,812.5 to RM 611,191. 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 602,001.75 and RM 609,688 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 621,611 they are 8 % more affordable than the average price for Bagan Ajam. The properties with the highest average price have 2 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 1 bedroom priced at RM 570,537.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 296 / sq.feet, with an average RM 356 / sq.feet price in Bagan Ajam. The properties with the lowest average prices have 1 bedroom. They are 11 % cheaper than the average followed by properties with 2 bedrooms with a price at RM 296 / sq.feet.
With regard to the average price based upon the property in Bagan Ajam we can see that most expensive property type is "Apartment" at a price of RM 694,462, they are 12 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 12 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of RM 296 / sq.feet. "Apartment" with an average cost of RM 296 / sq.feet has the lowest price and would be directed at less affluent cities.
