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 June, the average price per sq.feet was RM 431. In July this price pretty much remained the same at a value of RM 419 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 425 to RM 417.5 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 421.25 to RM 419 during October y November
Based upon to the price in Shah Alam (cities), this has gone downing the last 6 months. The average price for June is RM 1,179,934. During July the price had a considerable reduction till RM 954,234. During the following two months (August, September) the average price fell 93 % 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 1,028,466.25 and RM 1,077,113.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 1,178,704 they are 66 % more affordable than the average price for Shah Alam. The properties with the lowest average price have 4 bedrooms, Their price is 42 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 555,916.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 341 / sq.feet, with an average RM 426 / sq.feet price in Shah Alam. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 543 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,178,704 it is 68 % cheaper than the average price in Shah Alam. "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 1,470,914 it is 140 % 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 354 / sq.feet followed by "Residential House" priced at RM 363 / sq.feet. "Bungalow" is the most costly type of property with a RM 546 / sq.feet cost followed by "Condominium" with an average price of RM 469 / sq.feet.