The prices in real estate in Bandar Utama, 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 Utama has remained the same in the last 6 months. In October, the average price per sq.feet was RM 513. In the following month the price per sq.feet decreased to RM 481. In the following two months the price per sq.feet has barely changed, going from RM 497 to RM 517.5 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 507.25 to RM 526 during February y March
Based upon to the price in Bandar Utama (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is RM 692,342. In November This price remains at RM 691,104. During the following two months (December, January) the average price had a considerable increase of 118 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from RM 755,625.75 to RM 714,242 in 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 713,338 they are 69 % more affordable than the average price for Bandar Utama. The properties with the highest average price have 4 bedrooms, Their price is 94 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 511,000.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 415 / sq.feet, with an average RM 522 / sq.feet price in Bandar Utama. The properties with the highest average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 626 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 713,338 it is 69 % cheaper than the average price in Bandar Utama. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 2,443,333 it is 816 % 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 353 / sq.feet followed by "Townhouse" priced at RM 464 / sq.feet. "House" is the most costly type of property with a RM 751 / sq.feet cost followed by "Commercial" with an average price of RM 664 / sq.feet.