The prices in real estate in Ampang, 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 has remained the same in the last 6 months. In February, the average price per sq.feet was RM 598. In March this price pretty much remained the same at a value of RM 622 per sq.feet. The price for the following two months in (April, May) decreased 94 % with regard to the prior two months. 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 592.5 to RM 610.5 during June y July
Based upon to the price in Ampang (cities), these have remained the same in the last 6 months. The average price during our first sample month during February, is RM 1,035,626. During March the price went through a considerable rise reaching RM 1,229,401. During the following two months (April, May) the average price fell 86 % with regard to the previous two months. 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 1,052,697.5 and RM 1,092,001.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,174,475 they are 51 % more affordable than the average price for Ampang. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 761,226.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 536 / sq.feet, with an average RM 644 / sq.feet price in Ampang. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 743 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,174,475 it is 43 % cheaper than the average price in Ampang. "Apartment" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 2,061,475 it is 221 % 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 519 / sq.feet followed by "House" priced at RM 590 / sq.feet. "Apartment" is the most costly type of property with a RM 708 / sq.feet cost followed by "Bungalow" with an average price of RM 669 / sq.feet.