Property prices for sale in Berapit (Penang)
The prices in real estate in Berapit, in the Penang region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Berapit has had a strong decrease during the last 6 months. In October, the average price per sq.feet was RM 261. In the following month the price per sq.feet decreased to RM 244. The price for the following two months in (December, January) had a considerable decrease of 72 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 79 % 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 216.75 to RM 171.5 during February, and March.
Based upon to the price in Berapit (cities), these have remained the same in the last 6 months. The average price for October is RM 857,000. During November the price had a slight fall till RM 774,143. During the following two months (December, January) the price has had an average incrementation from RM 815,571.5 to RM 865,000. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
