The prices in real estate in Persiaran Gurney, in the Penang 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 Persiaran Gurney has remained the same in the last 6 months. In October, the average price per sq.feet was RM 754. In November this price pretty much remained the same at a value of RM 759 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 756.5 to RM 743 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 749.75 to RM 726.5 during February y March
Based upon to the price in Persiaran Gurney (cities), this has gone up in the last 6 months. The price in October is RM 2,003,382, rising in November till RM 2,192,385. During the following two months (December, January) the price has had an average incrementation from RM 2,097,883.5 to RM 2,231,621. 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 2,164,752.25 and RM 2,243,401 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 2,244,323 they are 18 % more affordable than the average price for Persiaran Gurney. The properties with the highest average price have 4 bedrooms, Their price is 63 % more costly than the average. After that we have properties with 1 bedroom priced at RM 2,380,863.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of RM 875 / sq.feet, with an average RM 715 / sq.feet price in Persiaran Gurney. The properties with the highest average prices have 2 bedrooms. They are 87 % more expensive than the average followed by properties with 1 bedroom with a price at RM 1,133 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 2,244,323 it is 57 % cheaper than the average price in Persiaran Gurney. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "House". At a price of RM 6,190,251 it is 414 % 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 711 / sq.feet followed by "Condominium" priced at RM 819 / sq.feet. "Bungalow" is the most costly type of property with a RM 2,255 / sq.feet cost followed by "House" with an average price of RM 1,601 / sq.feet.