Property prices for sale in Bandar Hilir (Melaka)
The prices in real estate in Bandar Hilir, 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 Bandar Hilir has fallen in the last 6 months. In October, the average price per sq.feet was RM 295. In the following month the price per sq.feet decreased to RM 277. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. 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 270.25 to RM 266 during February y March
Based upon to the price in Bandar Hilir (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is RM 422,103. In November This price remains at RM 429,700. In the following two months the average price has remained the same with regard to the previous two months from RM 425,901.5 to RM 436,887.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 486,318 they are 70 % more affordable than the average price for Bandar Hilir. The properties with the highest average price have 4 bedrooms, Their price is 42 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 260,523.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 215 / sq.feet, with an average RM 275 / sq.feet price in Bandar Hilir. The properties with the highest average prices have 1 bedroom. They are 72 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 266 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 486,318 it is 34 % cheaper than the average price in Bandar Hilir. "Condominium" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Resort". At a price of RM 11,719,651 it is 10263 % 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 250 / sq.feet followed by "Bungalow" priced at RM 256 / sq.feet. "Commercial" is the most costly type of property with a RM 10,355,690 / sq.feet cost followed by "Resort" with an average price of RM 829 / sq.feet.
