Property prices for sale in Bukit Jambul (Penang)
The prices in real estate in Bukit Jambul, 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 Bukit Jambul has remained the same in the last 6 months. In October, the average price per sq.feet was RM 416. In November this price pretty much remained the same at a value of RM 410 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 413 to RM 429 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 421 to RM 429.5 during February y March
Based upon to the price in Bukit Jambul (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is RM 425,813. In November This price remains at RM 409,261. During the following two months (December, January) the average price had a considerable increase of 142 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 515,300 they are 45 % more affordable than the average price for Bukit Jambul. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 383,448.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 384 / sq.feet, with an average RM 429 / sq.feet price in Bukit Jambul. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 550 / sq.feet.
The graph displaying the average prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 515,300 it is 49 % cheaper than the average price in Bukit Jambul. "Condominium" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Office". At a price of RM 1,280,595 it is 165 % 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 316 / sq.feet followed by "Condominium" priced at RM 380 / sq.feet. "Apartment" is the most costly type of property with a RM 501 / sq.feet cost followed by "Shop" with an average price of RM 494 / sq.feet.
