The prices in real estate in Sungai Bakap, in the Penang 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 Sungai Bakap has increased during the last 6 months. In September, the average price per sq.feet was RM 260. In the following month the price per sq.feet increased to RM 278. In the following two months the price per sq.feet has increased 109 %, going from RM 269 to RM 294.5 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 281.75 to RM 286 during January y February
Based upon to the price in Sungai Bakap (cities), these have remained the same in the last 6 months. In our first sample month during September, the average price is RM 446,774. In October This price remains at RM 461,805. During the following two months (November, December) the price has had an average incrementation from RM 454,289.5 to RM 506,312.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from RM 480,301 to RM 432,344 in January and February.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 3 % more costly than the average price of RM 436,852 in Sungai Bakap. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 3 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % cheaper than the average price of (RM 222 / sq.feet) in Sungai Bakap. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Sungai Bakap we can see that most expensive property type is "Link House" at a price of RM 436,852, they are 3 % more costly than the average price of (!PRECIO2!). "Link House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Link House with an average price of RM 222 / sq.feet. "Link House" with an average cost of RM 222 / sq.feet has the lowest price and would be directed at less affluent cities.