Property prices for sale in Banting (Selangor)

The price per sq.feet in Banting has remained the same in the last 6 months. In October, the average price per sq.feet was RM 280. In November this price pretty much remained the same at a value of RM 287 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from RM 283.5 to RM 301 per sq.feet. The price per sq.feet has had a considerable deflation of 81 % 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 292.25 to RM 236.5 during February, and March.

Based upon to the price in Banting (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is RM 358,535. In November This price remains at RM 361,753. During the following two months (December, January) the average price had a considerable increase of 297 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 714,922.5 to RM 362,861.5, which means a 51 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 367,020 they are 24 % more affordable than the average price for Banting. The properties with the highest average price have 1 bedroom, Their price is 652 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 432,382.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of RM 244 / sq.feet, with an average RM 240 / sq.feet price in Banting. The properties with the highest average prices have 4 bedrooms. They are 23 % more expensive than the average followed by properties with 1 bedroom with a price at RM 275 / sq.feet.

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 367,020 it is 59 % cheaper than the average price in Banting. "Link House" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 1,499,745 it is 2778 % 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 176 / sq.feet followed by "Link House" priced at RM 228 / sq.feet. "Warehouse" is the most costly type of property with a RM 471 / sq.feet cost followed by "Commercial" with an average price of RM 433 / sq.feet.