The prices in real estate in Tanah Merah, in the Kelantan region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Tanah Merah has remained the same in the last 6 months. In November, the average price per sq.feet was RM 212. In December this price pretty much remained the same at a value of RM 214 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 213 to RM 214.5 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 213.75 to RM 207 during March y April
Based upon to the price in Tanah Merah (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is RM 289,778. In December This price remains at RM 292,013. In the following two months the average price has remained the same with regard to the previous two months from RM 290,895.5 to RM 298,803. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 313,532 they are 14 % more affordable than the average price for Tanah Merah. The properties with the lowest average price have 2 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 269,273.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of RM 4,731 / sq.feet, with an average RM 205 / sq.feet price in Tanah Merah. The properties with the highest average prices have 1 bedroom. They are 4093 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 4,731 / sq.feet.
With regard to the average price based upon the property in Tanah Merah we can see that the cheapest property type is "Residential House" at a price of RM 287,761, they are 8 % more affordable than the average price of (!PRECIO2!). "Residential House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Residential House with an average price of RM 4,731 / sq.feet. "Residential House" at an average price of RM 4,731 / sq.feet has the most expensive price and would be directed at more affluent cities.