The prices in real estate in Subang Jaya, in the Selangor region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Subang Jaya has increased during the last 6 months. In August, the average price per sq.feet was RM 528. In September this price pretty much remained the same at a value of RM 544 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 536 to RM 522 per sq.feet. The price per sq.feet has increased 114 % 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 529 to RM 604.5 during December, and January.
Based upon to the price in Subang Jaya (cities), this has gone up in the last 6 months. The price in August is RM 809,042, rising in September till RM 877,902. During the following two months (October, November) the average price fell 95 % 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 gone up 108 % 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 988,700 they are 52 % more affordable than the average price for Subang Jaya. The properties with the lowest average price have 4 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 635,147.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 431 / sq.feet, with an average RM 697 / sq.feet price in Subang Jaya. The properties with the lowest average prices have 2 bedrooms. They are 1 % cheaper than the average followed by properties with 1 bedroom with a price at RM 682 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 988,700 it is 48 % cheaper than the average price in Subang Jaya. "Serviced Residence" is seen as the second most affordable property type. The cheapest type property is "Link House" followed by "Terraced House". At a price of RM 787,054 it is 11 % more affordable 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 400 / sq.feet followed by "Residential House" priced at RM 418 / sq.feet. "Apartment" is the most costly type of property with a RM 719 / sq.feet cost followed by "Serviced Residence" with an average price of RM 630 / sq.feet.