Property prices for sale in Kinabalu (Sabah)
The prices in real estate in Kinabalu, in the Sabah region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kinabalu has fallen in the last 6 months. In October, the average price per sq.feet was RM 583. In the following month the price per sq.feet decreased to RM 514. In the following two months the price per sq.feet has barely changed, going from RM 548.5 to RM 573 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 560.75 to RM 540.5 during February y March
Based upon to the price in Kinabalu (cities), this has gone downing the last 6 months. The average price for October is RM 1,556,511. During November the price had a slight fall till RM 1,382,139. During the following two months (December, January) the average price fell 85 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,497,375 they are 73 % more affordable than the average price for Kinabalu. The properties with the lowest average price have 4 bedrooms, Their price is 49 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 654,986.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 379 / sq.feet, with an average RM 503 / 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 543 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,497,375 it is 79 % cheaper than the average price in Kinabalu. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 1,193,935 it is 18 % 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 355 / sq.feet followed by "Apartment" priced at RM 388 / sq.feet. "Commercial" is the most costly type of property with a RM 979 / sq.feet cost followed by "Serviced Residence" with an average price of RM 764 / sq.feet.
