The prices in real estate in Damansara Perdana, in the Selangor 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 Damansara Perdana has increased during the last 6 months. In September, the average price per sq.feet was RM 424. In October this price pretty much remained the same at a value of RM 442 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from RM 433 to RM 490.5 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 461.75 to RM 481.5 during January y February
Based upon to the price in Damansara Perdana (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is RM 472,284. In October This price remains at RM 476,390. During the following two months (November, December) the average price had a considerable increase of 134 % 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 gone up 112 % 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 518,370 they are 41 % more affordable than the average price for Damansara Perdana. The properties with the highest average price have 4 bedrooms, Their price is 85 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 382,000.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 379 / sq.feet, with an average RM 487 / sq.feet price in Damansara Perdana. The properties with the highest average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 477 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 518,370 it is 63 % cheaper than the average price in Damansara Perdana. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 1,358,687 it is 222 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of RM 258 / sq.feet followed by "Apartment" priced at RM 269 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 568 / sq.feet cost followed by "House" with an average price of RM 496 / sq.feet.