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 December, the average price per sq.feet was RM 732. In January this price pretty much remained the same at a value of RM 731 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 731.5 to RM 719 per sq.feet. The price per sq.feet has decreased 93 % 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 725.25 to RM 671.5 during April, and May.
Based upon to the price in Glenmarie (cities), this has gone downing the last 6 months. The average price for December is RM 6,388,516. During January the price had a considerable reduction till RM 5,210,306. During the following two months (February, March) the average price fell 88 % 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 risen strongly 122 % 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 5,981,515 they are 91 % more affordable than the average price for Glenmarie. The properties with the lowest average price have 4 bedrooms, Their price is 74 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 963,585.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 528 / sq.feet, with an average RM 694 / sq.feet price in Glenmarie. The properties with the highest average prices have 1 bedroom. They are 14 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 694 / sq.feet.
The graph displaying the average prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 5,981,515 it is 91 % 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 "Factory". At a price of RM 13,369,148 it is 138 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condominium" at an average cost of RM 626 / sq.feet followed by "Serviced Residence" priced at RM 658 / sq.feet. "Bungalow" is the most costly type of property with a RM 790 / sq.feet cost followed by "Shop" with an average price of RM 728 / sq.feet.