The prices in real estate in Pinampang, 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 Pinampang has fallen in the last 6 months. In October, the average price per sq.feet was RM 482. In the following month the price per sq.feet decreased to RM 450. In the following two months the price per sq.feet has barely changed, going from RM 466 to RM 449.5 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 457.75 to RM 462.5 during February y March
Based upon to the price in Pinampang (cities), this has fallen considerably in the last 6 months. The average price for October is RM 1,484,928. During November the price had a considerable reduction till RM 545,587. During the following two months (December, January) the average price had a considerable reduction of 66 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from RM 840,184 to RM 734,168.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 743,854 they are 56 % more affordable than the average price for Pinampang. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 455,603.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 385 / sq.feet, with an average RM 455 / sq.feet price in Pinampang. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 466 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 743,854 it is 56 % cheaper than the average price in Pinampang. "Condominium" is seen as the second most affordable property type. The dearest property type is "Residential Land" followed by "House". At a price of RM 1,220,000 it is 832 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Link House" at an average cost of RM 360 / sq.feet followed by "Terraced House" priced at RM 381 / sq.feet. "Residential Land" is the most costly type of property with a RM 2,155 / sq.feet cost followed by "Condominium" with an average price of RM 534 / sq.feet.