The prices in real estate in Seremban, in the Negeri Sembilan region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Seremban has increased strongly during the last 6 months. In February, the average price per sq.feet was RM 238. In the following month the price per sq.feet decreased to RM 213. In the following two months the price per sq.feet has barely changed, going from RM 225.5 to RM 234.5 per sq.feet. The price per sq.feet has had a considerable increase of 234 % 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 230 to RM 537.5 during June, and July.
Based upon to the price in Seremban (cities), this has gone up in the last 6 months. The average price for February is RM 435,436. During March the price had a slight fall till RM 400,514. During the following two months (April, May) the average price had a considerable increase of 115 % 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 2 bedrooms are the cheapest ones. At a price of RM 507,860 they are 53 % more affordable than the average price for Seremban. The properties with the highest average price have 1 bedroom, Their price is 104 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 510,964.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 233 / sq.feet, with an average RM 829 / sq.feet price in Seremban. The properties with the highest average prices have 2 bedrooms. They are 234 % more expensive than the average followed by properties with 1 bedroom with a price at RM 274 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 507,860 it is 46 % cheaper than the average price in Seremban. "Link House" 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 800,984 it is 62 % 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 200 / sq.feet followed by "Link House" priced at RM 208 / sq.feet. "Apartment" is the most costly type of property with a RM 1,728 / sq.feet cost followed by "Bungalow" with an average price of RM 272 / sq.feet.