The prices in real estate in Ampang Hilir, 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 Hilir has remained the same in the last 6 months. In September, the average price per sq.feet was RM 874. In October this price pretty much remained the same at a value of RM 908 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from RM 891 to RM 969.5 per sq.feet. The price per sq.feet has decreased 90 % 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 930.25 to RM 840 during January, and February.
Based upon to the price in Ampang Hilir (cities), this has gone up in the last 6 months. The price in September is RM 2,116,145, rising in October till RM 2,294,596. During the following two months (November, December) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from RM 2,420,812.5 to RM 2,202,650.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,422,471 they are 60 % more affordable than the average price for Ampang Hilir. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 848,406.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 573 / sq.feet, with an average RM 726 / sq.feet price in Ampang Hilir. The properties with the highest average prices have 1 bedroom. They are 37 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 921 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,422,471 it is 73 % cheaper than the average price in Ampang Hilir. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condominium". At a price of RM 1,762,530 it is 299 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 444 / sq.feet followed by "Apartment" priced at RM 523 / sq.feet. "House" is the most costly type of property with a RM 879 / sq.feet cost followed by "Serviced Residence" with an average price of RM 859 / sq.feet.