The prices in real estate in Gombak, 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 Gombak has remained the same in the last 6 months. In March, the average price per sq.feet was RM 336. In April this price pretty much remained the same at a value of RM 342 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 339 to RM 334 per sq.feet. The price per sq.feet has increased 107 % 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 336.5 to RM 359 during July, and August.
Based upon to the price in Gombak (cities), this has gone up in the last 6 months. The price in March is RM 632,419, rising in April till RM 701,838. During the following two months (May, June) the average price fell 89 % 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 117 % 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 776,959 they are 58 % more affordable than the average price for Gombak. The properties with the highest average price have 1 bedroom, Their price is 72 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 662,357.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of RM 340 / sq.feet, with an average RM 365 / sq.feet price in Gombak. The properties with the highest average prices have 2 bedrooms. They are 10 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 346 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 776,959 it is 56 % cheaper than the average price in Gombak. "Condominium" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Bungalow". At a price of RM 1,839,138 it is 203 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Residential House" at an average cost of RM 279 / sq.feet followed by "Apartment" priced at RM 347 / sq.feet. "Bungalow" is the most costly type of property with a RM 462 / sq.feet cost followed by "Commercial" with an average price of RM 402 / sq.feet.