The prices in real estate in Tropicana, in the Selangor 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 Tropicana has remained the same in the last 6 months. In October, the average price per sq.feet was RM 636. In the following month the price per sq.feet decreased to RM 590. In the following two months the price per sq.feet has increased 112 %, going from RM 613 to RM 684.5 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 648.75 to RM 647.5 during February y March
Based upon to the price in Tropicana (cities), this has gone up considerably in the last 6 months. The average price for October is RM 1,628,650. During November the price had a considerable reduction till RM 1,144,024. During the following two months (December, January) the average price had a considerable increase of 154 % 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 116 % 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 1,731,525 they are 75 % more affordable than the average price for Tropicana. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 679,455.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 540 / sq.feet, with an average RM 639 / sq.feet price in Tropicana. The properties with the highest average prices have 2 bedrooms. They are 6 % more expensive than the average followed by properties with 1 bedroom with a price at RM 643 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 1,731,525 it is 87 % cheaper than the average price in Tropicana. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condominium". At a price of RM 681,262 it is 137 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of RM 298 / sq.feet followed by "Apartment" priced at RM 392 / sq.feet. "House" is the most costly type of property with a RM 728 / sq.feet cost followed by "Condominium" with an average price of RM 606 / sq.feet.