The prices in real estate in Klang, in the Negeri Selangor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Klang has had a strong decrease during the last 6 months. In November, the average price per sq.feet was RM 316. In the following month the price per sq.feet decreased to RM 292. In the following two months the price per sq.feet has increased 109 %, going from RM 304 to RM 330 per sq.feet. The price per sq.feet has had a considerable deflation of 53 % 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 317 to RM 169.5 during March, and April.
Based upon to the price in Klang (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is RM 521,499. During December the price went through a considerable rise reaching RM 717,069. During the following two months (January, February) the average price had a considerable increase of 133 % 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 722,972.25 to RM 453,627.5, which means a 63 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 0 % cheaper than the average price of RM 907,255 in Klang. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 0 % cheaper than the average price of (RM 339 / sq.feet) in Klang. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 0 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Klang we can see that the cheapest property type is "House" at a price of RM 907,255, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of RM 339 / sq.feet. "House" with an average cost of RM 339 / sq.feet has the lowest price and would be directed at less affluent cities.