The prices in real estate in Kl Sentral, in the Kuala Lumpur region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kl Sentral has fallen in the last 6 months. In January, the average price per sq.feet was RM 1,076. In February this price pretty much remained the same at a value of RM 1,114 per sq.feet. The price for the following two months in (March, April) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 1,030.25 to RM 929 during May, and June.
Based upon to the price in Kl Sentral (cities), this has gone downing the last 6 months. The price in January is RM 1,879,583, rising in February till RM 2,044,260. During the following two months (March, April) the average price had a considerable reduction of 73 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from RM 1,698,886.75 to RM 1,560,419.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,633,096 they are 52 % more affordable than the average price for Kl Sentral. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 1 bedroom priced at RM 1,652,870.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 593 / sq.feet, with an average RM 968 / sq.feet price in Kl Sentral. The properties with the highest average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 858 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,633,096 it is 30 % cheaper than the average price in Kl Sentral. "Apartment" is seen as the second most affordable property type. The dearest property type is "Office" followed by "Commercial". At a price of RM 4,184,331 it is 181 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condominium" at an average cost of RM 848 / sq.feet followed by "Apartment" priced at RM 871 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 1,548 / sq.feet cost followed by "Commercial" with an average price of RM 1,305 / sq.feet.