Price Per Square Feet Calculator Malaysia

Price Per Square Feet Formula:

\[ \text{Price per sq ft} = \frac{\text{Total Price}}{\text{Area}} \]

Price Per Square Feet:

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1. What Is Price Per Square Feet?

Price per square foot is a common metric used in real estate to compare the value of different properties. It represents the cost of one square foot of space and helps buyers and sellers evaluate property prices more objectively.

2. How Does The Calculator Work?

The calculator uses a simple formula:

\[ \text{Price per sq ft} = \frac{\text{Total Price}}{\text{Area}} \]

Where:

Total Price — The complete price of the property in Malaysian Ringgit (RM)
Area — The total area of the property in square feet (sq ft)

Explanation: This calculation provides a standardized way to compare property values regardless of their size differences.

3. Importance Of Price Per Square Feet Calculation

Details: Calculating price per square foot is essential for real estate comparison, investment analysis, property valuation, and making informed purchasing decisions in the Malaysian property market.

4. Using The Calculator

Tips: Enter the total property price in RM and the area in square feet. Both values must be positive numbers. The calculator will instantly compute the price per square foot.

5. Frequently Asked Questions (FAQ)

Q1: Why is price per square foot important in Malaysia?
A: It allows for fair comparison between properties of different sizes and helps identify overpriced or underpriced properties in the market.

Q2: What is a good price per square foot in Malaysia?
A: This varies significantly by location, property type, and market conditions. Generally ranges from RM 200-2000+ per sq ft depending on the area and property quality.

Q3: Does this include common areas in condominiums?
A: Typically, price per square foot calculations use the built-up area including common areas for condominiums, but it's important to verify what area measurement is being used.

Q4: How does location affect price per square foot?
A: Prime locations like Kuala Lumpur city center command much higher prices per square foot compared to suburban or rural areas.

Q5: Should I only consider price per square foot when buying property?
A: No, while it's an important metric, you should also consider property condition, amenities, location, future development potential, and overall market trends.