Property prices for sale in Ampang (Kuala Lumpur)
The prices in real estate in Ampang, in the Kuala Lumpur region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Ampang has increased strongly during the last 6 months. In October, the average price per sq.feet was RM 423. In November this price pretty much remained the same at a value of RM 404 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 157 %. The price per sq.feet has had a considerable deflation of 80 % 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 531 to RM 424.5 during February, and March.
Based upon to the price in Ampang (cities), this has gone downing the last 6 months. The average price for October is RM 1,019,810. During November the price had a considerable reduction till RM 723,860. In the following two months the average price has remained the same with regard to the previous two months from RM 871,835 to RM 873,961. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,093,787 they are 65 % more affordable than the average price for Ampang. The properties with the lowest average price have 4 bedrooms, Their price is 33 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 529,859.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 376 / sq.feet, with an average RM 419 / sq.feet price in Ampang. The properties with the highest average prices have 1 bedroom. They are 89 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 620 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,093,787 it is 75 % cheaper than the average price in Ampang. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 1,669,842 it is 124 % 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 331 / sq.feet followed by "Terraced House" priced at RM 443 / sq.feet. "Commercial" is the most costly type of property with a RM 769 / sq.feet cost followed by "Serviced Residence" with an average price of RM 603 / sq.feet.
