The prices in real estate in Sungai Besar, in the Selangor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sungai Besar has had a strong decrease during the last 6 months. In September, the average price per sq.feet was RM 275. In the following month the price per sq.feet decreased considerably to RM 232. In the following two months the price per sq.feet has barely changed, going from RM 253.5 to RM 264 per sq.feet. The price per sq.feet has had a considerable deflation of 52 % 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 258.75 to RM 134 during January, and February.
Based upon to the price in Sungai Besar (cities), this has fallen considerably in the last 6 months. The price in September is RM 574,000, rising in October till RM 611,167. In the following two months the average price has remained the same with regard to the previous two months from RM 592,583.5 to RM 587,714.5. During the last two months the average price has had a strong fall compared to the previous four going from RM 590,149 to RM 283,333.5, which means a 48 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 182 % more costly than the average price of RM 1,597,460 in Sungai Besar. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 182 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 17 % more costly than the average price of (RM 314 / sq.feet) in Sungai Besar. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 17 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Sungai Besar we can see that most expensive property type is "House" at a price of RM 1,597,460, they are 182 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 182 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of RM 314 / sq.feet. "House" at an average price of RM 314 / sq.feet has the most expensive price and would be directed at more affluent cities.