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 April, the average price per sq.feet was RM 983. In May this price pretty much remained the same at a value of RM 957 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from RM 970 to RM 1,037.5 per sq.feet. The price per sq.feet has increased 106 % 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 1,003.75 to RM 1,064 during August, and September.
Based upon to the price in Kl City (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is RM 1,360,904. In May This price remains at RM 1,399,508. In the following two months the average price has remained the same with regard to the previous two months from RM 1,380,206 to RM 1,417,017.5. 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 1,398,611.75 and RM 1,381,038.5 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 1,419,302 they are 27 % more affordable than the average price for Kl City. The properties with the highest average price have 4 bedrooms, Their price is 66 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 1,247,929.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 811 / sq.feet, with an average RM 1,110 / sq.feet price in Kl City. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1,148 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,419,302 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 "Bungalow". At a price of RM 5,967,285 it is 482 % 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 666 / sq.feet followed by "Condominium" priced at RM 835 / sq.feet. "Shop" is the most costly type of property with a RM 1,758 / sq.feet cost followed by "Apartment" with an average price of RM 1,105 / sq.feet.