The prices in real estate in Kayu Ara, 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 Kayu Ara has increased during the last 6 months. In December, the average price per sq.feet was RM 444. In January this price pretty much remained the same at a value of RM 454 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from RM 449 to RM 475 per sq.feet. The price per sq.feet has increased 107 % 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 462 to RM 492.5 during April, and May.
Based upon to the price in Kayu Ara (cities), these have remained the same in the last 6 months. The price in December is RM 1,010,795, rising in January till RM 1,070,344. In the following two months the average price has remained the same with regard to the previous two months from RM 1,040,569.5 to RM 1,003,412.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from RM 1,021,991 to RM 919,988 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 931,144 they are 60 % more affordable than the average price for Kayu Ara. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 631,521.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 448 / sq.feet, with an average RM 501 / sq.feet price in Kayu Ara. The properties with the highest average prices have 1 bedroom. They are 50 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 725 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 931,144 it is 39 % cheaper than the average price in Kayu Ara. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Shop". At a price of RM 1,755,667 it is 200 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Shop" at an average cost of RM 353 / sq.feet followed by "Link House" priced at RM 451 / sq.feet. "Townhouse" is the most costly type of property with a RM 594 / sq.feet cost followed by "Condominium" with an average price of RM 586 / sq.feet.