The prices in real estate in Jawi, in the Penang 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 Jawi has remained the same in the last 6 months. In September, the average price per sq.feet was RM 149. In October this price pretty much remained the same at a value of RM 150 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 149.5 to RM 148 per sq.feet. 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 148.75 to RM 154 during January y February
Based upon to the price in Jawi (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is RM 312,544. In October This price remains at RM 325,507. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from RM 308,119 to RM 287,745.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 282,015 they are 55 % more affordable than the average price for Jawi. The properties with the highest average price have 4 bedrooms, Their price is 39 % more costly than the average. After that we have properties with 1 bedroom priced at RM 206,300.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 121 / sq.feet, with an average RM 151 / sq.feet price in Jawi. The properties with the highest average prices have 1 bedroom. They are 109 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 202 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 282,015 it is 36 % cheaper than the average price in Jawi. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Link House" followed by "Semi Detached House". At a price of RM 474,757 it is 100 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Terraced House" at an average cost of RM 156 / sq.feet followed by "Semi Detached House" priced at RM 178 / sq.feet. "Link House" is the most costly type of property with a RM 271 / sq.feet cost followed by "Apartment" with an average price of RM 253 / sq.feet.