The prices in real estate in Batu Kawan, in the Penang 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 Batu Kawan has remained the same in the last 6 months. In September, the average price per sq.feet was RM 474. In October this price pretty much remained the same at a value of RM 490 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 482 to RM 482 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 482 to RM 483.5 during January y February
Based upon to the price in Batu Kawan (cities), this has gone up in the last 6 months. The average price for September is RM 682,301. During October the price had a slight fall till RM 647,701. In the following two months the average price has remained the same with regard to the previous two months from RM 665,001 to RM 683,981.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 651,579 they are 42 % more affordable than the average price for Batu Kawan. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 490,358.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 403 / sq.feet, with an average RM 466 / sq.feet price in Batu Kawan. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 593 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 651,579 it is 46 % cheaper than the average price in Batu Kawan. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "House". At a price of RM 750,917 it is 1412 % 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 346 / sq.feet followed by "House" priced at RM 382 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 626 / sq.feet cost followed by "Condominium" with an average price of RM 545 / sq.feet.