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 July, the average price per sq.feet was RM 371. In the following month the price per sq.feet decreased to RM 331. In the following two months the price per sq.feet has barely changed, going from RM 351 to RM 364.5 per sq.feet. The price per sq.feet has decreased 92 % 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 357.75 to RM 329.5 during November, and December.
Based upon to the price in Selangor (cities), this has gone downing the last 6 months. The average price for July is RM 752,843. During August the price had a slight fall till RM 640,559. During the following two months (September, October) the average price fell 95 % with regard to the previous two months. 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 678,318.25 and RM 677,463.5 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 600,020 they are 51 % more affordable than the average price for Selangor. The properties with the highest average price have 1 bedroom, Their price is 53 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 541,290.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 285 / sq.feet, with an average RM 306 / sq.feet price in Selangor. The properties with the highest average prices have 1 bedroom. They are 84 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 469 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 600,020 it is 52 % 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 835,039 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 288 / sq.feet followed by "Semi Detached House" priced at RM 307 / sq.feet. "Condominium" is the most costly type of property with a RM 385 / sq.feet cost followed by "Bungalow" with an average price of RM 349 / sq.feet.