The prices in real estate in Klcc, in the Kuala Lumpur region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Klcc has increased during the last 6 months. In January, the average price per sq.feet was RM 1,205. In the following month the price per sq.feet increased to RM 1,342. In the following two months the price per sq.feet has increased 109 %, going from RM 1,273.5 to RM 1,394 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 1,333.75 to RM 1,285 during May y June
Based upon to the price in Klcc (cities), this has gone downing the last 6 months. In our first sample month during January, the average price is RM 2,308,781. In February This price remains at RM 2,367,461. During the following two months (March, April) the average price fell 91 % 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 2,238,420 to RM 2,049,407.5 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,648,356 they are 25 % more affordable than the average price for Klcc. The properties with the highest average price have 3 bedrooms, Their price is 72 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 2,692,821.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 1,035 / sq.feet, with an average RM 1,142 / sq.feet price in Klcc. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 1,494 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,648,356 it is 24 % cheaper than the average price in Klcc. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Condominium". At a price of RM 2,455,001 it is 772 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of RM 972 / sq.feet followed by "Office" priced at RM 999 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 1,653 / sq.feet cost followed by "Bungalow" with an average price of RM 1,457 / sq.feet.