The prices in real estate in Bukit Jalil, 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 Bukit Jalil has fallen in the last 6 months. In May, the average price per sq.feet was RM 526. In the following month the price per sq.feet increased to RM 560. The price for the following two months in (July, August) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 91 % 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 517.25 to RM 469.5 during September, and October.
Based upon to the price in Bukit Jalil (cities), this has gone up in the last 6 months. The average price during our first sample month during May, is RM 777,385. During June the price went through a considerable rise reaching RM 898,081. In the following two months the average price has remained the same with regard to the previous two months from RM 837,733 to RM 816,481.5. 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 827,107.25 and RM 816,021 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 784,613 they are 38 % more affordable than the average price for Bukit Jalil. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 562,557.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 354 / sq.feet, with an average RM 475 / sq.feet price in Bukit Jalil. The properties with the highest average prices have 1 bedroom. They are 52 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 590 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 784,613 it is 33 % cheaper than the average price in Bukit Jalil. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Bungalow". At a price of RM 2,914,162 it is 344 % 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 345 / sq.feet followed by "Condominium" priced at RM 476 / sq.feet. "Commercial" is the most costly type of property with a RM 882 / sq.feet cost followed by "Semi Detached House" with an average price of RM 626 / sq.feet.