The prices in real estate in Ampang, in the Kuala Lumpur 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 Ampang has remained the same in the last 6 months. In August, the average price per sq.feet was RM 603. In September this price pretty much remained the same at a value of RM 600 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 601.5 to RM 599.5 per sq.feet. The price per sq.feet has decreased 94 % 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 600.5 to RM 563 during December, and January.
Based upon to the price in Ampang (cities), these have remained the same in the last 6 months. In our first sample month during August, the average price is RM 975,590. In September This price remains at RM 994,347. In the following two months the average price has remained the same with regard to the previous two months from RM 984,968.5 to RM 1,025,052.5. During the last two months the average price has had a strong fall compared to the previous four going from RM 1,005,010.5 to RM 805,850, which means a 80 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of RM 466,172 they are 26 % more expensive than the average price for Ampang. Following this ranking we find those properties with 2 at an average price of RM 671,314. The properties with the highest average price have 4 bedrooms, Their price is 249 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 762,066.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of RM 535 / sq.feet, with an average RM 516 / sq.feet price in Ampang. The properties with the highest average prices have 1 bedroom. They are 59 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 713 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of RM 466,172 it is 75 % more expensive than the average price in Ampang. "Condominium" is seen as the second dearest property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 2,174,634 it is 700 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 394 / sq.feet followed by "Link House" priced at RM 474 / sq.feet. "Condominium" is the most costly type of property with a RM 660 / sq.feet cost followed by "Bungalow" with an average price of RM 620 / sq.feet.