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Price Per M2 Calculator Malaysia

Price Per m² Formula:

\[ \text{Price Per m²} = \frac{\text{Total Price (MYR)}}{\text{Area (m²)}} \]

MYR

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1. What is Price Per m²?

Price per square meter is a common metric used in real estate to compare property values regardless of size. It's calculated by dividing the total price of a property by its total area in square meters.

2. How Does the Calculator Work?

The calculator uses the simple formula:

\[ \text{Price Per m²} = \frac{\text{Total Price (MYR)}}{\text{Area (m²)}} \]

Where:

Explanation: This calculation standardizes property prices, making it easier to compare properties of different sizes.

3. Importance of Price Per m² Calculation

Details: Calculating price per m² helps buyers compare property values objectively, identify good deals, and understand market trends in different areas of Malaysia.

4. Using the Calculator

Tips: Enter the total property price in MYR and the area in square meters. Both values must be positive numbers for accurate calculation.

5. Frequently Asked Questions (FAQ)

Q1: What's a good price per m² in Malaysia?
A: This varies by location. Kuala Lumpur averages MYR 8,000-15,000/m² for condos, while suburban areas may be MYR 3,000-6,000/m².

Q2: Does price per m² include land?
A: For landed properties, it includes both building and land. For condos, it's just the unit area.

Q3: How accurate is price per m² comparison?
A: It's a good starting point but doesn't account for factors like view, floor level, renovations, or building quality.

Q4: Should I only consider price per m² when buying?
A: No, also consider location, amenities, future development plans, and your personal needs.

Q5: How does Malaysia's price per m² compare regionally?
A: Malaysia generally offers lower prices per m² compared to Singapore or Hong Kong but higher than Thailand or Indonesia.

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