Property prices for sale in Melaka Tengah (Melaka)
The prices in real estate in Melaka Tengah, in the Melaka 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 Melaka Tengah has remained the same in the last 6 months. In October, the average price per sq.feet was RM 263. 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 increased 111 %, going from RM 264 to RM 292.5 per sq.feet. The price per sq.feet has decreased 93 % 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 278.25 to RM 258 during February, and March.
Based upon to the price in Melaka Tengah (cities), these have remained the same in the last 6 months. The average price for October is RM 485,452. During November the price had a slight fall till RM 452,482. During the following two months (December, January) the price has had an average incrementation from RM 468,967 to RM 500,359.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from RM 484,663.25 to RM 446,912 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 447,984 they are 38 % more affordable than the average price for Melaka Tengah. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 344,056.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 217 / sq.feet, with an average RM 264 / sq.feet price in Melaka Tengah. The properties with the highest average prices have 1 bedroom. They are 79 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 371 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 447,984 it is 33 % cheaper than the average price in Melaka Tengah. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Bungalow". At a price of RM 658,763 it is 440 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Bungalow" at an average cost of RM 145 / sq.feet followed by "Semi Detached House" priced at RM 181 / sq.feet. "Commercial" is the most costly type of property with a RM 404 / sq.feet cost followed by "Condominium" with an average price of RM 332 / sq.feet.
