The prices in real estate in Ampang, in the Kuala Lumpur region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ampang has had a strong decrease during the last 6 months. In January, the average price per sq.feet was RM 598. In February this price pretty much remained the same at a value of RM 569 per sq.feet. The price for the following two months in (March, April) had a considerable decrease of 54 with regard to the prior two months. The price per sq.feet has had a considerable increase of 147 % 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 450.75 to RM 663.5 during May, and June.
Based upon to the price in Ampang (cities), this has fallen considerably in the last 6 months. The average price for January is RM 1,190,995. During February the price had a considerable reduction till RM 891,002. During the following two months (March, April) the average price had a considerable reduction of 45 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of RM 1,230,426 in Ampang. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of (RM 641 / sq.feet) in Ampang. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Ampang we can see that the cheapest property type is "Condominium" at a price of RM 1,230,426, they are 0 % more affordable than the average price of (!PRECIO2!). "Condominium" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condominium with an average price of RM 641 / sq.feet. "Condominium" with an average cost of RM 641 / sq.feet has the lowest price and would be directed at less affluent cities.