The prices in real estate in Bukit Dumbar, in the Penang region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bukit Dumbar has fallen in the last 6 months. In April, the average price per sq.feet was RM 602. In May this price pretty much remained the same at a value of RM 586 per sq.feet. The price for the following two months in (June, July) decreased 94 % with regard to the prior two months. 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 575 to RM 551 during August y September
Based upon to the price in Bukit Dumbar (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is RM 1,387,919. In May This price remains at RM 1,338,838. During the following two months (June, July) the average price had a considerable reduction of 77 % with regard to the previous two months. 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 1,208,535.25 to RM 1,066,811.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,087,191 they are 2 % more affordable than the average price for Bukit Dumbar. The properties with the highest average price have 1 bedroom, Their price is 148 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 1,069,819.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of RM 539 / sq.feet, with an average RM 530 / sq.feet price in Bukit Dumbar. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 539 / sq.feet.
With regard to the average price based upon the property in Bukit Dumbar we can see that the cheapest property type is "Condominium" at a price of RM 1,069,819, they are 2 % more affordable than the average price of (!PRECIO2!). "Condominium" has the lowest price. This price is 2 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Condominium with an average price of RM 539 / sq.feet. "Condominium" at an average price of RM 539 / sq.feet has the most expensive price and would be directed at more affluent cities.