Property prices for sale in Ampang Hilir (Kuala Lumpur)
The prices in real estate in Ampang Hilir, 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 Hilir has remained the same in the last 6 months. In October, the average price per sq.feet was RM 908. In November this price pretty much remained the same at a value of RM 943 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from RM 925.5 to RM 975 per sq.feet. The price per sq.feet has had a considerable deflation of 77 % 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 950.25 to RM 730 during February, and March.
Based upon to the price in Ampang Hilir (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 2,294,596. In November This price remains at RM 2,386,792. During the following two months (December, January) the average price had a considerable increase of 125 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 2,637,483.75 to RM 1,477,623, which means a 56 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,532,775 they are 64 % more affordable than the average price for Ampang Hilir. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 845,225.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 546 / sq.feet, with an average RM 734 / sq.feet price in Ampang Hilir. 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 775 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,532,775 it is 76 % cheaper than the average price in Ampang Hilir. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condominium". At a price of RM 1,733,219 it is 350 % 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 443 / sq.feet followed by "Apartment" priced at RM 553 / sq.feet. "House" is the most costly type of property with a RM 1,041 / sq.feet cost followed by "Condominium" with an average price of RM 801 / sq.feet.
