The prices in real estate in Ampang, 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 Ampang has fallen in the last 6 months. In March, the average price per sq.feet was RM 478. In April this price pretty much remained the same at a value of RM 497 per sq.feet. The price for the following two months in (May, June) had a considerable decrease of 77 with regard to the prior two months. The price per sq.feet has decreased 93 % 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 432.5 to RM 401.5 during July, and August.
Based upon to the price in Ampang (cities), this has gone downing the last 6 months. The average price for March is RM 779,484. During April the price had a slight fall till RM 715,310. During the following two months (May, June) the average price fell 90 % 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 94 %, going from RM 709,938.25 to RM 667,667 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 515,654 they are 30 % more affordable than the average price for Ampang. The properties with the highest average price have 4 bedrooms, Their price is 120 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 691,216.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 361 / sq.feet, with an average RM 382 / sq.feet price in Ampang. The properties with the highest average prices have 1 bedroom. They are 118 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 684 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 515,654 it is 33 % cheaper than the average price in Ampang. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Terraced House". At a price of RM 905,426 it is 552 % 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 369 / sq.feet followed by "Link House" priced at RM 409 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 808 / sq.feet cost followed by "Bungalow" with an average price of RM 590 / sq.feet.