The prices in real estate in Batu Uban, 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.
The price per sq.feet in Batu Uban has increased during the last 6 months. In October, the average price per sq.feet was RM 608. In November this price pretty much remained the same at a value of RM 619 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from RM 613.5 to RM 659.5 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 636.5 to RM 634 during February y March
Based upon to the price in Batu Uban (cities), this has gone up in the last 6 months. The average price for October is RM 805,000. During November the price had a slight fall till RM 762,838. During the following two months (December, January) the price has had an average incrementation from RM 783,919 to RM 879,442. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,082,702 they are 70 % more affordable than the average price for Batu Uban. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 411,132.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 392 / sq.feet, with an average RM 641 / sq.feet price in Batu Uban. The properties with the lowest average prices have 4 bedrooms. They are 6 % cheaper than the average followed by properties with 1 bedroom with a price at RM 435 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,082,702 it is 62 % cheaper than the average price in Batu Uban. "Residential House" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Link House". At a price of RM 2,139,004 it is 236 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condominium" at an average cost of RM 416 / sq.feet followed by "Residential House" priced at RM 483 / sq.feet. "Bungalow" is the most costly type of property with a RM 751 / sq.feet cost followed by "Link House" with an average price of RM 690 / sq.feet.