Property prices for sale in Desa Petaling (Kuala Lumpur)
The prices in real estate in Desa Petaling, in the Kuala Lumpur region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Desa Petaling has increased during the last 6 months. In October, the average price per sq.feet was RM 327. In November this price pretty much remained the same at a value of RM 323 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 123 %. The price per sq.feet has decreased 92 % 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 361.75 to RM 334.5 during February, and March.
Based upon to the price in Desa Petaling (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is RM 322,738. In November This price remains at RM 324,650. During the following two months (December, January) the average price had a considerable increase of 168 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 433,155.75 to RM 329,406.5, which means a 76 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 324,525 they are 46 % more affordable than the average price for Desa Petaling. The properties with the highest average price have 4 bedrooms, Their price is 460 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 318,691.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 260 / sq.feet, with an average RM 331 / sq.feet price in Desa Petaling. The properties with the highest average prices have 4 bedrooms. They are 70 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 325 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 324,525 it is 52 % cheaper than the average price in Desa Petaling. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Condominium". At a price of RM 408,817 it is 812 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of RM 246 / sq.feet followed by "Apartment" priced at RM 298 / sq.feet. "Office" is the most costly type of property with a RM 640 / sq.feet cost followed by "Condominium" with an average price of RM 384 / sq.feet.
