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 June, the average price per sq.feet was RM 314. In July this price pretty much remained the same at a value of RM 304 per sq.feet. The price for the following two months in (August, September) decreased 90 % with regard to the prior two months. 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 293.25 to RM 276 during October, and November.
Based upon to the price in Meru (cities), this has fallen considerably in the last 6 months. The average price for June is RM 820,118. During July the price had a considerable reduction till RM 553,615. During the following two months (August, September) the average price had a considerable reduction of 60 % 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 gone up 105 % during the last two months.
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 733,533 they are 40 % more expensive than the average price for Meru. Following this ranking we find those properties with 1 at an average price of RM 3,440,000. The properties with the highest average price have 1 bedroom, Their price is 369 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 1,025,685.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of RM 241 / sq.feet, with an average RM 257 / sq.feet price in Meru. The properties with the highest average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at RM 241 / 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 1,025,685, they are 40 % more costly than the average price of (!PRECIO2!). "Factory" has the highest price. This price is 40 % 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 292 / sq.feet. "Factory" at an average price of RM 292 / sq.feet has the most expensive price and would be directed at more affluent cities.