The prices in real estate in Mak Mandin, 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 Mak Mandin has fallen in the last 6 months. In September, the average price per sq.feet was RM 357. In October this price pretty much remained the same at a value of RM 345 per sq.feet. The price for the following two months in (November, December) decreased 87 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 328.5 to RM 349.5 during January, and February.
Based upon to the price in Mak Mandin (cities), this has fallen considerably in the last 6 months. The average price for September is RM 437,091. During October the price had a slight fall till RM 394,889. During the following two months (November, December) the average price had a considerable reduction of 77 % 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 368,078.25 and RM 365,000 between January and February.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 209 % more costly than the average price of RM 1,119,691 in Mak Mandin. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 209 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 11 % cheaper than the average price of (RM 306 / sq.feet) in Mak Mandin. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 11 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mak Mandin we can see that most expensive property type is "Link House" at a price of RM 1,119,691, they are 209 % more costly than the average price of (!PRECIO2!). "Link House" has the highest price. This price is 209 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Link House with an average price of RM 306 / sq.feet. "Link House" with an average cost of RM 306 / sq.feet has the lowest price and would be directed at less affluent cities.