The prices in real estate in Meru, in the Negeri Selangor 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 Meru has fallen in the last 6 months. In February, the average price per sq.feet was RM 370. In the following month the price per sq.feet decreased to RM 351. In the following two months the price per sq.feet has barely changed, going from RM 360.5 to RM 354.5 per sq.feet. The price per sq.feet has had a considerable deflation of 80 % 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 357.5 to RM 284.5 during June, and July.
Based upon to the price in Meru (cities), this has fallen considerably in the last 6 months. The average price for February is RM 1,013,250. During March the price had a considerable reduction till RM 627,941. During the following two months (April, May) the average price had a considerable increase of 127 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 932,752.5 to RM 545,421.5, which means a 58 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of RM 575,967 they are 77 % more expensive than the average price for Meru. Following this ranking we find those properties with 1 at an average price of RM 6,107,766. The properties with the highest average price have 1 bedroom, Their price is 960 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 1,017,505.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of RM 284 / sq.feet, with an average RM 277 / sq.feet price in Meru. The properties with the highest average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 284 / sq.feet.
With regard to the average price based upon the property in Meru we can see that most expensive property type is "Factory" at a price of RM 1,017,505, they are 77 % more costly than the average price of (!PRECIO2!). "Factory" has the highest price. This price is 77 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Factory with an average price of RM 284 / sq.feet. "Factory" at an average price of RM 284 / sq.feet has the most expensive price and would be directed at more affluent cities.