The prices in real estate in Kl City, 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 Kl City has remained the same in the last 6 months. In November, the average price per sq.feet was RM 1,001. In the following month the price per sq.feet decreased to RM 900. In the following two months the price per sq.feet has barely changed, going from RM 950.5 to RM 994.5 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 972.5 to RM 997 during March y April
Based upon to the price in Kl City (cities), this has gone downing the last 6 months. The average price for November is RM 1,820,078. During December the price had a considerable reduction till RM 1,442,975. During the following two months (January, February) the average price had a considerable increase of 118 % 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 1,779,608 to RM 1,399,654, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,360,904 they are 36 % more affordable than the average price for Kl City. The properties with the highest average price have 4 bedrooms, Their price is 92 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 1,252,440.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 819 / sq.feet, with an average RM 983 / sq.feet price in Kl City. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1,129 / sq.feet.
The graph displaying the average prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 1,360,904 it is 40 % cheaper than the average price in Kl City. "Apartment" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Office". At a price of RM 2,030,647 it is 374 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 369 / sq.feet followed by "Condominium" priced at RM 867 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 1,374 / sq.feet cost followed by "Shop" with an average price of RM 1,229 / sq.feet.