The prices in real estate in Bandar Utama, 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 Bandar Utama has fallen in the last 6 months. In September, the average price per sq.feet was RM 600. In October this price pretty much remained the same at a value of RM 586 per sq.feet. The price for the following two months in (November, December) decreased 94 % 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 576.25 to RM 559 during January y February
Based upon to the price in Bandar Utama (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is RM 1,155,698. In October This price remains at RM 1,110,103. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. 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 1,092,170 and RM 1,131,689 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,070,821 they are 56 % more affordable than the average price for Bandar Utama. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 623,186.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 503 / sq.feet, with an average RM 567 / sq.feet price in Bandar Utama. The properties with the highest average prices have 1 bedroom. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 595 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of RM 1,070,821 it is 51 % cheaper than the average price in Bandar Utama. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Apartment". At a price of RM 1,489,259 it is 400 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of RM 482 / sq.feet followed by "Townhouse" priced at RM 513 / sq.feet. "Bungalow" is the most costly type of property with a RM 850 / sq.feet cost followed by "Apartment" with an average price of RM 594 / sq.feet.