The prices in real estate in Meru, in the Negeri Selangor region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Meru has increased during the last 6 months. In October, the average price per sq.feet was RM 321. In the following month the price per sq.feet increased to RM 338. In the following two months the price per sq.feet has increased 108 %, going from RM 329.5 to RM 354.5 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 342 to RM 319.5 during February, and March.
Based upon to the price in Meru (cities), this has gone downing the last 6 months. The average price for October is RM 2,801,889. During November the price had a considerable reduction till RM 1,677,167. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 154 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,292,250 they are 25 % more affordable than the average price for Meru. The properties with the highest average price have 1 bedroom, Their price is 124 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 978,544.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 240 / sq.feet, with an average RM 295 / sq.feet price in Meru. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 245 / sq.feet.
With regard to the average price based upon the property in Meru we can see that the cheapest property type is "Factory" at a price of RM 973,659, they are 25 % more affordable than the average price of (!PRECIO2!). "Factory" has the lowest price. This price is 25 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Factory with an average price of RM 240 / sq.feet. "Factory" with an average cost of RM 240 / sq.feet has the lowest price and would be directed at less affluent cities.