The prices in real estate in Bangi, 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 Bangi has fallen in the last 6 months. In February, the average price per sq.feet was RM 332. In the following month the price per sq.feet decreased to RM 313. The price for the following two months in (April, May) 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 305 to RM 318 during June y July
Based upon to the price in Bangi (cities), this has fallen considerably in the last 6 months. The average price for February is RM 849,960. During March the price had a considerable reduction till RM 706,320. During the following two months (April, May) the average price fell 87 % 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 726,379.75 and RM 756,710.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 746,146 they are 58 % more affordable than the average price for Bangi. The properties with the lowest average price have 1 bedroom, Their price is 14 % cheaper than the average. After that we have properties with 4 bedrooms priced at RM 580,888.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 273 / sq.feet, with an average RM 322 / sq.feet price in Bangi. The properties with the highest average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 470 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 746,146 it is 56 % cheaper than the average price in Bangi. "Condominium" 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 1,085,777 it is 155 % 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 253 / sq.feet followed by "Residential House" priced at RM 320 / sq.feet. "Condominium" is the most costly type of property with a RM 397 / sq.feet cost followed by "Bungalow" with an average price of RM 396 / sq.feet.