The prices in real estate in Narawang, in the Sabah 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 Narawang has fallen in the last 6 months. In January, the average price per sq.feet was RM 292. In the following month the price per sq.feet decreased to RM 264. In the following two months the price per sq.feet has barely changed, going from RM 278 to RM 283.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 280.75 to RM 275.5 during May y June
Based upon to the price in Narawang (cities), this has fallen considerably in the last 6 months. The average price for January is RM 667,665. During February the price had a considerable reduction till RM 488,931. In the following two months the average price has remained the same with regard to the previous two months from RM 578,298 to RM 561,712. 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 570,005 and RM 565,446.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 627,482 they are 50 % more affordable than the average price for Narawang. The properties with the highest average price have 1 bedroom, Their price is 207 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 650,413.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 217 / sq.feet, with an average RM 270 / sq.feet price in Narawang. The properties with the highest average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 268 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 627,482 it is 54 % cheaper than the average price in Narawang. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Factory" followed by "Bungalow". At a price of RM 1,108,886 it is 470 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Link House" at an average cost of RM 274 / sq.feet followed by "Condominium" priced at RM 276 / sq.feet. "Factory" is the most costly type of property with a RM 333 / sq.feet cost followed by "Bungalow" with an average price of RM 326 / sq.feet.