The prices in real estate in Kubang Semang, in the Penang 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 Kubang Semang has fallen in the last 6 months. In October, the average price per sq.feet was RM 273. In November this price pretty much remained the same at a value of RM 265 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 269 to RM 262.5 per sq.feet. The price per sq.feet has decreased 87 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of RM 265.75 to RM 231.5 during February, and March.
Based upon to the price in Kubang Semang (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 431,302. In November This price remains at RM 437,692. During the following two months (December, January) the price has had an average incrementation from RM 434,497 to RM 474,118. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from RM 454,307.5 to RM 430,865.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 408 % more costly than the average price of RM 2,220,375 in Kubang Semang. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 408 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 26 % cheaper than the average price of (RM 183 / sq.feet) in Kubang Semang. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 26 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Kubang Semang we can see that most expensive property type is "Terraced House" at a price of RM 2,220,375, they are 408 % more costly than the average price of (!PRECIO2!). "Terraced House" has the highest price. This price is 408 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Terraced House with an average price of RM 183 / sq.feet. "Terraced House" with an average cost of RM 183 / sq.feet has the lowest price and would be directed at less affluent cities.