The prices in real estate in Kinabalu, in the Sabah 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 Kinabalu has remained the same in the last 6 months. In January, the average price per sq.feet was RM 587. In February this price pretty much remained the same at a value of RM 589 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 588 to RM 569 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 578.5 to RM 602 during May y June
Based upon to the price in Kinabalu (cities), this has fallen considerably in the last 6 months. The average price for January is RM 1,404,044. During February the price had a considerable reduction till RM 1,089,367. During the following two months (March, April) the average price had a considerable reduction of 75 % with regard to the previous two months. 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 1,088,361.75 and RM 1,074,542.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,003,156 they are 53 % more affordable than the average price for Kinabalu. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 687,060.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 477 / sq.feet, with an average RM 587 / sq.feet price in Kinabalu. The properties with the highest average prices have 1 bedroom. They are 73 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 570 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,003,156 it is 70 % cheaper than the average price in Kinabalu. "Link House" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Semi Detached House". At a price of RM 1,311,971 it is 36 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 357 / sq.feet followed by "Apartment" priced at RM 372 / sq.feet. "Shop" is the most costly type of property with a RM 693 / sq.feet cost followed by "Condominium" with an average price of RM 643 / sq.feet.