The prices in real estate in Kepala Batas, 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 Kepala Batas has remained the same in the last 6 months. In October, the average price per sq.feet was RM 270. In November this price pretty much remained the same at a value of RM 266 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from RM 268 to RM 283 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 275.5 to RM 268 during February y March
Based upon to the price in Kepala Batas (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 465,474. In November This price remains at RM 488,275. In the following two months the average price has remained the same with regard to the previous two months from RM 476,874.5 to RM 496,056. 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 486,465.25 and RM 472,881 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 470,800 they are 8 % more affordable than the average price for Kepala Batas. The properties with the lowest average price have 1 bedroom, Their price is 7 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 434,031.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 205 / sq.feet, with an average RM 262 / sq.feet price in Kepala Batas. The properties with the lowest average prices have 1 bedroom. They are 18 % cheaper than the average followed by properties with 2 bedrooms with a price at RM 205 / sq.feet.
With regard to the average price based upon the property in Kepala Batas we can see that the cheapest property type is "Shop" at a price of RM 434,031, they are 8 % more affordable than the average price of (!PRECIO2!). "Shop" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Shop with an average price of RM 205 / sq.feet. "Shop" with an average cost of RM 205 / sq.feet has the lowest price and would be directed at less affluent cities.