The prices in real estate in Ulu Selangor, in the Selangor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ulu Selangor has had a strong decrease during the last 6 months. In September, the average price per sq.feet was RM 392. In October this price pretty much remained the same at a value of RM 386 per sq.feet. The price for the following two months in (November, December) had a considerable decrease of 62 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 315 to RM 237 during January, and February.
Based upon to the price in Ulu Selangor (cities), this has gone up considerably in the last 6 months. The average price for September is RM 399,243. During October the price had a slight fall till RM 367,276. During the following two months (November, December) the price has had an average incrementation from RM 383,259.5 to RM 424,570. Based on an analysis of the first four prices and the last two months the average price has risen strongly 147 % 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 553,556 they are 11 % more affordable than the average price for Ulu Selangor. The properties with the highest average price have 1 bedroom, Their price is 135 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 490,129.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of RM 168 / sq.feet, with an average RM 224 / sq.feet price in Ulu Selangor. The properties with the highest average prices have 2 bedrooms. They are 15333 % more expensive than the average followed by properties with 1 bedroom with a price at RM 168 / sq.feet.
With regard to the average price based upon the property in Ulu Selangor we can see that the cheapest property type is "Residential House" at a price of RM 490,129, they are 11 % more affordable than the average price of (!PRECIO2!). "Residential House" has the lowest price. This price is 11 % 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 34,569 / sq.feet. "Residential House" at an average price of RM 34,569 / sq.feet has the most expensive price and would be directed at more affluent cities.