The prices in real estate in Tasek Gelugor, 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 Tasek Gelugor has increased during the last 6 months. In October, the average price per sq.feet was RM 237. In November this price pretty much remained the same at a value of RM 237 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from RM 237 to RM 259 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 248 to RM 255.5 during February y March
Based upon to the price in Tasek Gelugor (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 410,882. In November This price remains at RM 407,217. In the following two months the average price has remained the same with regard to the previous two months from RM 409,049.5 to RM 405,945.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 407,497.5 and RM 399,112.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of RM 271,961 in Tasek Gelugor. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 58 % cheaper than the average price of (RM 107 / sq.feet) in Tasek Gelugor. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 58 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Tasek Gelugor we can see that the cheapest property type is "Link House" at a price of RM 271,961, they are 30 % more affordable than the average price of (!PRECIO2!). "Link House" has the lowest price. This price is 30 % more affordable 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 107 / sq.feet. "Link House" with an average cost of RM 107 / sq.feet has the lowest price and would be directed at less affluent cities.