The prices in real estate in Narawang, in the Sabah 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 Narawang has remained the same in the last 6 months. In March, the average price per sq.feet was RM 278. In the following month the price per sq.feet decreased to RM 261. In the following two months the price per sq.feet has barely changed, going from RM 269.5 to RM 275 per sq.feet. The price per sq.feet has increased 108 % 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 272.25 to RM 294.5 during July, and August.
Based upon to the price in Narawang (cities), this has gone up in the last 6 months. The average price for March is RM 609,263. During April the price had a slight fall till RM 531,328. During the following two months (May, June) the average price had a considerable increase of 119 % 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 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 753,453 they are 63 % more affordable than the average price for Narawang. The properties with the highest average price have 1 bedroom, Their price is 239 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 534,360.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 256 / sq.feet, with an average RM 289 / sq.feet price in Narawang. The properties with the highest average prices have 1 bedroom. They are 2 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 278 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 753,453 it is 64 % cheaper than the average price in Narawang. "Apartment" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 818,813 it is 72 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 274 / sq.feet followed by "Terraced House" priced at RM 285 / sq.feet. "Link House" is the most costly type of property with a RM 341 / sq.feet cost followed by "Bungalow" with an average price of RM 335 / sq.feet.