The prices in real estate in Gombak, in the Selangor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Gombak has had a strong decrease during the last 6 months. In July, the average price per sq.feet was RM 1,769. In the following month the price per sq.feet decreased considerably to RM 825. The price for the following two months in (September, October) had a considerable decrease of 82 with regard to the prior two months. 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 1,180.25 to RM 1,161 during November y December
Based upon to the price in Gombak (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is RM 520,100. In August This price remains at RM 541,779. In the following two months the average price has remained the same with regard to the previous two months from RM 530,939.5 to RM 537,287. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 534,113.25 and RM 544,943 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 568,011 they are 41 % more affordable than the average price for Gombak. The properties with the highest average price have 1 bedroom, Their price is 54 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 521,201.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 422 / sq.feet, with an average RM 1,041 / sq.feet price in Gombak. The properties with the highest average prices have 4 bedrooms. They are 32 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 957 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 568,011 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 "Terraced House" followed by "Residential House". At a price of RM 690,913 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Link House" at an average cost of RM 315 / sq.feet followed by "Condominium" priced at RM 374 / sq.feet. "House" is the most costly type of property with a RM 2,391 / sq.feet cost followed by "Residential House" with an average price of RM 439 / sq.feet.