The prices in real estate in Batu Arang, in the Selangor region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Batu Arang has increased during the last 6 months. In October, the average price per sq.feet was RM 271. In the following month the price per sq.feet increased to RM 290. In the following two months the price per sq.feet has barely changed, going from RM 280.5 to RM 294 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 287.25 to RM 293 during February y March
Based upon to the price in Batu Arang (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is RM 802,633. During November the price went through a considerable rise reaching RM 992,842. During the following two months (December, January) the average price had a considerable increase of 131 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 156 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of RM 1,764,279 they are 17 % more expensive than the average price for Batu Arang. Following this ranking we find those properties with 1 at an average price of RM 2,840,255. The properties with the highest average price have 1 bedroom, Their price is 61 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 2,063,250.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 158 / sq.feet, with an average RM 297 / sq.feet price in Batu Arang. The properties with the lowest average prices have 1 bedroom. They are 17 % cheaper than the average followed by properties with 2 bedrooms with a price at RM 158 / sq.feet.
With regard to the average price based upon the property in Batu Arang we can see that most expensive property type is "Terraced House" at a price of RM 2,063,250, they are 17 % more costly than the average price of (!PRECIO2!). "Terraced House" has the highest price. This price is 17 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Terraced House with an average price of RM 158 / sq.feet. "Terraced House" with an average cost of RM 158 / sq.feet has the lowest price and would be directed at less affluent cities.