Property prices for sale in Sungai Dua (Penang)
The prices in real estate in Sungai Dua, 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 Dua has increased during the last 6 months. In October, the average price per sq.feet was RM 375. In November this price pretty much remained the same at a value of RM 380 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from RM 377.5 to RM 402 per sq.feet. The price per sq.feet has increased 105 % 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 389.75 to RM 410.5 during February, and March.
Based upon to the price in Sungai Dua (cities), this has gone up considerably in the last 6 months. The price in October is RM 359,525, rising in November till RM 406,713. During the following two months (December, January) the average price had a considerable increase of 119 % 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 120 % 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 496,575 they are 63 % more affordable than the average price for Sungai Dua. The properties with the highest average price have 4 bedrooms, Their price is 47 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 360,986.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 308 / sq.feet, with an average RM 411 / sq.feet price in Sungai Dua. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 426 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 496,575 it is 41 % cheaper than the average price in Sungai Dua. "Apartment" is seen as the second most affordable property type. The dearest property type is "Semi Detached House" followed by "Link House". At a price of RM 739,949 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Residential House" at an average cost of RM 326 / sq.feet followed by "Bungalow" priced at RM 371 / sq.feet. "Apartment" is the most costly type of property with a RM 412 / sq.feet cost followed by "Flat" with an average price of RM 408 / sq.feet.
