The prices in real estate in Jalan Klang Lama, 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 Jalan Klang Lama has remained the same in the last 6 months. In April, the average price per sq.feet was RM 541. In May this price pretty much remained the same at a value of RM 522 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 531.5 to RM 550.5 per sq.feet. The price per sq.feet has increased 105 % 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 541 to RM 570.5 during August, and September.
Based upon to the price in Jalan Klang Lama (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is RM 600,873. In May This price remains at RM 601,032. During the following two months (June, July) the price has had an average incrementation from RM 600,952.5 to RM 689,630. 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 645,291.25 and RM 670,061.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 692,353 they are 32 % more affordable than the average price for Jalan Klang Lama. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 585,527.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 506 / sq.feet, with an average RM 553 / sq.feet price in Jalan Klang Lama. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 682 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 692,353 it is 31 % cheaper than the average price in Jalan Klang Lama. "Apartment" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Bungalow". At a price of RM 2,932,621 it is 624 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condominium" at an average cost of RM 532 / sq.feet followed by "Semi Detached House" priced at RM 536 / sq.feet. "Shop" is the most costly type of property with a RM 605 / sq.feet cost followed by "Bungalow" with an average price of RM 577 / sq.feet.