The prices in real estate in Selangor, in the Negeri Selangor 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 Selangor has fallen in the last 6 months. In May, the average price per sq.feet was RM 383. In the following month the price per sq.feet decreased to RM 350. In the following two months the price per sq.feet has barely changed, going from RM 366.5 to RM 351 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 358.75 to RM 364.5 during September y October
Based upon to the price in Selangor (cities), this has fallen considerably in the last 6 months. The average price for May is RM 809,211. During June the price had a considerable reduction till RM 655,208. In the following two months the average price has remained the same with regard to the previous two months from RM 732,209.5 to RM 696,701. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from RM 714,455.25 to RM 659,935.5 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 601,537 they are 42 % more affordable than the average price for Selangor. The properties with the highest average price have 1 bedroom, Their price is 70 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 627,276.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 336 / sq.feet, with an average RM 358 / sq.feet price in Selangor. The properties with the highest average prices have 1 bedroom. They are 56 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 449 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 601,537 it is 58 % cheaper than the average price in Selangor. "Condominium" 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 971,111 it is 261 % 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 293 / sq.feet followed by "Apartment" priced at RM 316 / sq.feet. "Bungalow" is the most costly type of property with a RM 448 / sq.feet cost followed by "Condominium" with an average price of RM 422 / sq.feet.