Property prices for sale in Pulau Tikus (Penang)
The prices in real estate in Pulau Tikus, in the Penang region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Pulau Tikus has increased during the last 6 months. In October, the average price per sq.feet was RM 658. In the following month the price per sq.feet increased to RM 698. In the following two months the price per sq.feet has increased 112 %, going from RM 678 to RM 759.5 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 718.75 to RM 737.5 during February y March
Based upon to the price in Pulau Tikus (cities), this has gone up considerably in the last 6 months. The price in October is RM 1,129,898, rising in November till RM 1,214,818. During the following two months (December, January) the average price had a considerable increase of 136 % 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 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,534,648 they are 63 % more affordable than the average price for Pulau Tikus. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 2,071,174.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 609 / sq.feet, with an average RM 723 / sq.feet price in Pulau Tikus. The properties with the highest average prices have 2 bedrooms. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 849 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,534,648 it is 46 % cheaper than the average price in Pulau Tikus. "Semi Detached House" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Shop". At a price of RM 7,845,529 it is 973 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Semi Detached House" at an average cost of RM 611 / sq.feet followed by "Condominium" priced at RM 654 / sq.feet. "Shop" is the most costly type of property with a RM 1,388 / sq.feet cost followed by "Office" with an average price of RM 1,100 / sq.feet.
