The prices in real estate in Bandar Sunway, in the Selangor region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bandar Sunway has remained the same in the last 6 months. In September, the average price per sq.feet was RM 488. In the following month the price per sq.feet increased to RM 513. In the following two months the price per sq.feet has barely changed, going from RM 500.5 to RM 478 per sq.feet. The price per sq.feet has increased 109 % 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 489.25 to RM 532 during January, and February.
Based upon to the price in Bandar Sunway (cities), this has gone up considerably in the last 6 months. The price in September is RM 515,223, rising in October till RM 573,735. During the following two months (November, December) the average price had a considerable increase of 123 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 150 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,068,675 they are 54 % more affordable than the average price for Bandar Sunway. The properties with the highest average price have 1 bedroom, Their price is 11 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 741,961.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 444 / sq.feet, with an average RM 549 / sq.feet price in Bandar Sunway. The properties with the highest average prices have 1 bedroom. They are 55 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 819 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,068,675 it is 67 % cheaper than the average price in Bandar Sunway. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Shop". At a price of RM 5,136,000 it is 428 % 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 370 / sq.feet followed by "Terraced House" priced at RM 410 / sq.feet. "Bungalow" is the most costly type of property with a RM 826 / sq.feet cost followed by "Shop" with an average price of RM 670 / sq.feet.