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 November, the average price per sq.feet was RM 566. In December this price pretty much remained the same at a value of RM 568 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 567 to RM 588 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 577.5 to RM 569 during March y April
Based upon to the price in Kinabalu (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is RM 1,093,262. In December This price remains at RM 1,082,052. During the following two months (January, February) the price has had an average incrementation from RM 1,087,657 to RM 1,246,705.5. During the last two months the average price has had a strong fall compared to the previous four going from RM 1,167,181.25 to RM 930,018, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 935,647 they are 45 % 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 774,422.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 503 / sq.feet, with an average RM 559 / sq.feet price in Kinabalu. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 639 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 935,647 it is 67 % cheaper than the average price in Kinabalu. "Link House" is seen as the second most affordable property type. The dearest property type is "Semi Detached House" followed by "Shop". At a price of RM 1,314,501 it is 54 % 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 362 / sq.feet followed by "Link House" priced at RM 379 / sq.feet. "Shop" is the most costly type of property with a RM 800 / sq.feet cost followed by "Condominium" with an average price of RM 733 / sq.feet.