The prices in real estate in Desa Petaling, 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 Desa Petaling has remained the same in the last 6 months. In April, the average price per sq.feet was RM 364. In May this price pretty much remained the same at a value of RM 380 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 372 to RM 354.5 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 363.25 to RM 355 during August y September
Based upon to the price in Desa Petaling (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is RM 487,055. During May the price went through a considerable rise reaching RM 632,626. During the following two months (June, July) the average price fell 92 % 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 536,134.5 to RM 450,847, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 323,119 they are 43 % more affordable than the average price for Desa Petaling. The properties with the highest average price have 4 bedrooms, Their price is 555 % more costly than the average. After that we have properties with 1 bedroom priced at RM 649,849.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of RM 268 / sq.feet, with an average RM 333 / sq.feet price in Desa Petaling. The properties with the highest average prices have 4 bedrooms. They are 76 % more expensive than the average followed by properties with 1 bedroom with a price at RM 550 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 323,119 it is 52 % cheaper than the average price in Desa Petaling. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Condominium". At a price of RM 407,373 it is 821 % 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 252 / sq.feet followed by "Apartment" priced at RM 304 / sq.feet. "Office" is the most costly type of property with a RM 646 / sq.feet cost followed by "Condominium" with an average price of RM 378 / sq.feet.