The prices in real estate in Sungai Pelek, 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 Sungai Pelek has increased during the last 6 months. In October, the average price per sq.feet was RM 200. In November this price pretty much remained the same at a value of RM 200 per sq.feet. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 130 % 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 192.5 to RM 251 during February, and March.
Based upon to the price in Sungai Pelek (cities), these have remained the same in the last 6 months. The average price for October is RM 456,888. During November the price had a slight fall till RM 411,521. In the following two months the average price has remained the same with regard to the previous two months from RM 434,204.5 to RM 427,135. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 466,771 they are 62 % more affordable than the average price for Sungai Pelek. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 278,891.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 128 / sq.feet, with an average RM 271 / sq.feet price in Sungai Pelek. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 216 / sq.feet.
The graph displaying the average prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 466,771 it is 39 % cheaper than the average price in Sungai Pelek. "Bungalow" is seen as the second most affordable property type. The dearest property type is "Agricultural Land" followed by "Bungalow". At a price of RM 537,977 it is 22 % 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 132 / sq.feet followed by "Bungalow" priced at RM 141 / sq.feet. "Agricultural Land" is the cheapest type of property with a RM 172 / sq.feet value followed by "Bungalow" with an average price of RM 141 / sq.feet.