Property prices for sale in Genting Highlands (Pahang)
The prices in real estate in Genting Highlands, in the Pahang 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 Genting Highlands has fallen in the last 6 months. In October, the average price per sq.feet was RM 973. In November this price pretty much remained the same at a value of RM 941 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 957 to RM 936.5 per sq.feet. The price per sq.feet has decreased 91 % 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 946.75 to RM 857 during February, and March.
Based upon to the price in Genting Highlands (cities), this has gone downing the last 6 months. The average price for October is RM 800,466. During November the price had a considerable reduction till RM 660,426. During the following two months (December, January) the price has had an average incrementation from RM 730,446 to RM 838,120.5. During the last two months the average price has had a strong fall compared to the previous four going from RM 784,283.25 to RM 611,585.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 603,406 they are 31 % more affordable than the average price for Genting Highlands. The properties with the highest average price have 4 bedrooms, Their price is 157 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 669,559.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 582 / sq.feet, with an average RM 830 / sq.feet price in Genting Highlands. The properties with the highest average prices have 4 bedrooms. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 850 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 603,406 it is 18 % cheaper than the average price in Genting Highlands. "Condominium" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 3,110,967 it is 1346 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 704 / sq.feet followed by "Condominium" priced at RM 797 / sq.feet. "Commercial" is the most costly type of property with a RM 1,344 / sq.feet cost followed by "House" with an average price of RM 1,215 / sq.feet.
