Property prices for sale in Langkawi (Kedah)
The prices in real estate in Langkawi, in the Kedah 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 Langkawi has remained the same in the last 6 months. In October, the average price per sq.feet was RM 615. In the following month the price per sq.feet increased to RM 665. In the following two months the price per sq.feet has barely changed, going from RM 640 to RM 610 per sq.feet. The price per sq.feet has decreased 94 % 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 625 to RM 588.5 during February, and March.
Based upon to the price in Langkawi (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is RM 526,683. In November This price remains at RM 513,081. During the following two months (December, January) the price has had an average incrementation from RM 519,882 to RM 551,643.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % 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 716,964 they are 60 % more affordable than the average price for Langkawi. The properties with the highest average price have 3 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 625,625.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 228 / sq.feet, with an average RM 566 / sq.feet price in Langkawi. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 642 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 716,964 it is 68 % cheaper than the average price in Langkawi. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 2,075,629 it is 635 % 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 229 / sq.feet followed by "Bungalow" priced at RM 260 / sq.feet. "Commercial" is the most costly type of property with a RM 117,586 / sq.feet cost followed by "House" with an average price of RM 728 / sq.feet.
