The prices in real estate in Ampang, 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 Ampang has increased during the last 6 months. In April, the average price per sq.feet was RM 545. In the following month the price per sq.feet increased to RM 605. In the following two months the price per sq.feet has increased 106 %, going from RM 575 to RM 610.5 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 592.75 to RM 621 during August y September
Based upon to the price in Ampang (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is RM 949,627. In May This price remains at RM 996,136. During the following two months (June, July) the price has had an average incrementation from RM 972,881.5 to RM 1,092,001.5. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,200,799 they are 53 % more affordable than the average price for Ampang. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 743,159.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 488 / sq.feet, with an average RM 603 / sq.feet price in Ampang. The properties with the highest average prices have 1 bedroom. They are 34 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 760 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,200,799 it is 56 % 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 1,999,938 it is 217 % 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 463 / sq.feet followed by "Semi Detached House" priced at RM 483 / sq.feet. "Apartment" is the most costly type of property with a RM 684 / sq.feet cost followed by "Bungalow" with an average price of RM 658 / sq.feet.