The prices in real estate in Old Klang Road, in the Kuala Lumpur region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Old Klang Road has fallen in the last 6 months. In October, the average price per sq.feet was RM 614. In the following month the price per sq.feet decreased to RM 572. In the following two months the price per sq.feet has barely changed, going from RM 593 to RM 591.5 per sq.feet. The price per sq.feet has decreased 95 % 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 592.25 to RM 562 during February, and March.
Based upon to the price in Old Klang Road (cities), this has gone downing the last 6 months. The average price for October is RM 912,218. During November the price had a slight fall till RM 789,480. In the following two months the average price has remained the same with regard to the previous two months from RM 850,849 to RM 877,109.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 863,979.25 and RM 832,779.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 842,789 they are 48 % more affordable than the average price for Old Klang Road. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 520,785.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 411 / sq.feet, with an average RM 546 / sq.feet price in Old Klang Road. The properties with the highest average prices have 2 bedrooms. They are 13 % more expensive than the average followed by properties with 1 bedroom with a price at RM 589 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 842,789 it is 80 % cheaper than the average price in Old Klang Road. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Terraced House". At a price of RM 685,385 it is 265 % 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 232 / sq.feet followed by "Apartment" priced at RM 306 / sq.feet. "Commercial" is the most costly type of property with a RM 590 / sq.feet cost followed by "Serviced Residence" with an average price of RM 568 / sq.feet.