The prices in real estate in Shah Alam, in the Selangor region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Shah Alam has remained the same in the last 6 months. In October, the average price per sq.feet was RM 427. In November this price pretty much remained the same at a value of RM 416 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 421.5 to RM 436 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 428.75 to RM 420 during February y March
Based upon to the price in Shah Alam (cities), this has gone downing the last 6 months. The average price for October is RM 1,056,159. During November the price had a slight fall till RM 904,918. During the following two months (December, January) the average price fell 88 % 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 117 % 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 1,105,475 they are 70 % more affordable than the average price for Shah Alam. The properties with the lowest average price have 4 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 352,613.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 348 / sq.feet, with an average RM 410 / sq.feet price in Shah Alam. The properties with the highest average prices have 1 bedroom. They are 36 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 473 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,105,475 it is 74 % cheaper than the average price in Shah Alam. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 1,766,713 it is 636 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 346 / sq.feet followed by "Terraced House" priced at RM 407 / sq.feet. "Warehouse" is the most costly type of property with a RM 611 / sq.feet cost followed by "Commercial" with an average price of RM 570 / sq.feet.