Property prices for sale in Kepong (Kuala Lumpur)
The prices in real estate in Kepong, 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 Kepong has remained the same in the last 6 months. In October, the average price per sq.feet was RM 466. In November this price pretty much remained the same at a value of RM 471 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 468.5 to RM 484.5 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 476.5 to RM 502.5 during February, and March.
Based upon to the price in Kepong (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is RM 756,925. In November This price remains at RM 781,155. During the following two months (December, January) the average price had a considerable increase of 116 % 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 830,075.75 and RM 817,621.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 774,913 they are 51 % more affordable than the average price for Kepong. The properties with the highest average price have 1 bedroom, Their price is 32 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 931,080.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 442 / sq.feet, with an average RM 482 / sq.feet price in Kepong. The properties with the highest average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 504 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 774,913 it is 69 % cheaper than the average price in Kepong. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 2,038,760 it is 773 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 296 / sq.feet followed by "Condominium" priced at RM 429 / sq.feet. "Commercial" is the most costly type of property with a RM 734 / sq.feet cost followed by "Warehouse" with an average price of RM 732 / sq.feet.
