The prices in real estate in Bangi, 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 Bangi has remained the same in the last 6 months. In May, the average price per sq.feet was RM 293. In the following month the price per sq.feet increased to RM 314. In the following two months the price per sq.feet has barely changed, going from RM 303.5 to RM 303.5 per sq.feet. The price per sq.feet has decreased 92 % 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 303.5 to RM 280.5 during September, and October.
Based upon to the price in Bangi (cities), these have remained the same in the last 6 months. The price in May is RM 673,059, rising in June till RM 767,275. In the following two months the average price has remained the same with regard to the previous two months from RM 720,167 to RM 739,591. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from RM 729,879 to RM 627,336 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 621,237 they are 52 % more affordable than the average price for Bangi. The properties with the lowest average price have 4 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 521,328.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 253 / sq.feet, with an average RM 276 / sq.feet price in Bangi. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 418 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 621,237 it is 52 % cheaper than the average price in Bangi. "Apartment" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 1,099,378 it is 161 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 228 / sq.feet followed by "Residential House" priced at RM 311 / sq.feet. "Bungalow" is the most costly type of property with a RM 381 / sq.feet cost followed by "Condominium" with an average price of RM 373 / sq.feet.