Property prices for sale in Glenmarie (Selangor)
The prices in real estate in Glenmarie, in the Selangor 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 Glenmarie has remained the same in the last 6 months. In October, the average price per sq.feet was RM 591. In November this price pretty much remained the same at a value of RM 590 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from RM 590.5 to RM 631 per sq.feet. The price per sq.feet has decreased 94 % 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 610.75 to RM 574.5 during February, and March.
Based upon to the price in Glenmarie (cities), this has gone up considerably in the last 6 months. The average price for October is RM 1,860,238. During November the price had a slight fall till RM 1,632,113. During the following two months (December, January) the average price had a considerable increase of 168 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 2,343,965.5 to RM 1,775,643, which means a 76 % 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 1,996,412 they are 76 % more affordable than the average price for Glenmarie. The properties with the lowest average price have 4 bedrooms, Their price is 43 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 604,844.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 469 / sq.feet, with an average RM 575 / sq.feet price in Glenmarie. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 624 / sq.feet.
The graph displaying the average prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 1,996,412 it is 73 % cheaper than the average price in Glenmarie. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 9,513,111 it is 472 % 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 351 / sq.feet followed by "House" priced at RM 582 / sq.feet. "Warehouse" is the most costly type of property with a RM 753 / sq.feet cost followed by "Serviced Residence" with an average price of RM 687 / sq.feet.
