The prices in real estate in Bukit Ledang, in the Kuala Lumpur region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bukit Ledang has increased strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to RM 923. The price for the following two months in (November, December) had a considerable increment of 192 %. The price per sq.feet has increased 108 % 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 674 to RM 729.5 during January, and February.
Based upon to the price in Bukit Ledang (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching RM 7,333,333. During the following two months (November, December) the average price had a considerable increase of 202 % 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 5,539,583 and RM 5,397,071.5 between January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 4,682,143 they are 10 % more affordable than the average price for Bukit Ledang. The properties with the lowest average price have 1 bedroom, Their price is 9 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 4,217,314.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 692 / sq.feet, with an average RM 696 / sq.feet price in Bukit Ledang. The properties with the highest average prices have 1 bedroom. They are 0 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 692 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of RM 4,682,143 it is 11 % cheaper than the average price in Bukit Ledang. "Bungalow" is seen as the second most affordable property type. The cheapest type property is "Condominium" followed by "Bungalow". At a price of RM 4,196,267 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of RM 682 / sq.feet followed by "Bungalow" priced at RM 687 / sq.feet. "Condominium" is the cheapest type of property with a RM 692 / sq.feet value followed by "Bungalow" with an average price of RM 687 / sq.feet.