The prices in real estate in Petaling Jaya, in the Selangor 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 Petaling Jaya has remained the same in the last 6 months. In September, the average price per sq.feet was RM 539. In October this price pretty much remained the same at a value of RM 523 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 531 to RM 539 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 535 to RM 557 during January y February
Based upon to the price in Petaling Jaya (cities), these have remained the same in the last 6 months. The average price for September is RM 1,162,027. During October the price had a considerable reduction till RM 918,956. During the following two months (November, December) the average price had a considerable increase of 123 % 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 90 %, going from RM 1,160,522.75 to RM 1,048,903 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 734,816 they are 46 % more affordable than the average price for Petaling Jaya. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 473,619.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 435 / sq.feet, with an average RM 553 / sq.feet price in Petaling Jaya. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 672 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 734,816 it is 48 % cheaper than the average price in Petaling Jaya. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 2,341,468 it is 1581 % 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 455 / sq.feet followed by "Apartment" priced at RM 482 / sq.feet. "Warehouse" is the most costly type of property with a RM 878 / sq.feet cost followed by "Commercial" with an average price of RM 635 / sq.feet.