Property prices for sale in Kl City (Kuala Lumpur)
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 October, the average price per sq.feet was RM 758. In the following month the price per sq.feet increased to RM 844. The price for the following two months in (December, January) had a considerable increment of 119 %. The price per sq.feet has had a considerable deflation of 70 % 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 875.75 to RM 611.5 during February, and March.
Based upon to the price in Kl City (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is RM 1,172,990. During November the price went through a considerable rise reaching RM 1,572,778. During the following two months (December, January) the average price had a considerable increase of 131 % 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 1,588,802.25 to RM 1,033,598, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,015,208 they are 20 % more affordable than the average price for Kl City. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 1,103,283.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of RM 602 / sq.feet, with an average RM 594 / sq.feet price in Kl City. The properties with the highest average prices have 1 bedroom. They are 128 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1,060 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,015,208 it is 60 % cheaper than the average price in Kl City. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 4,159,283 it is 533 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Link House" at an average cost of RM 386 / sq.feet followed by "Apartment" priced at RM 430 / sq.feet. "Condominium" is the most costly type of property with a RM 1,091 / sq.feet cost followed by "Commercial" with an average price of RM 994 / sq.feet.
