Property prices for sale in Batu Maung (Penang)

The prices in real estate in Batu Maung, in the Penang 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.

RM 1,002,994.83
Average price last 6 months
RM 455.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Batu Maung has increased during the last 6 months. In December, the average price per sq.feet was RM 437. In January this price pretty much remained the same at a value of RM 454 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 445.5 to RM 453.5 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 449.5 to RM 467 during April y May

Average price

Based upon to the price in Batu Maung (cities), these have remained the same in the last 6 months. The price in December is RM 1,024,628, rising in January till RM 1,081,697. In the following two months the average price has remained the same with regard to the previous two months from RM 1,053,162.5 to RM 1,034,233.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from RM 1,043,698 to RM 921,588.5 in April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 841,388 they are 68 % more affordable than the average price for Batu Maung. The properties with the highest average price have 1 bedroom, Their price is 150 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 1,064,541.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 351 / sq.feet, with an average RM 472 / sq.feet price in Batu Maung. The properties with the highest average prices have 1 bedroom. They are 91 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 513 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Factory" as the most affordable one. At an cost of RM 841,388 it is 81 % cheaper than the average price in Batu Maung. "Condominium" is seen as the second most affordable property type. The dearest property type is "Link House" followed by "House". At a price of RM 1,420,068 it is 828 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Factory" at an average cost of RM 272 / sq.feet followed by "Condominium" priced at RM 447 / sq.feet. "Link House" is the most costly type of property with a RM 778 / sq.feet cost followed by "Warehouse" with an average price of RM 666 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Batu Maung
Number of properties used in region Penang
RM 841,388
RM 472
1,540
223,138
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value