The prices in real estate in Klcc, 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 Klcc has remained the same in the last 6 months. In December, the average price per sq.feet was RM 1,280. In the following month the price per sq.feet increased to RM 1,347. In the following two months the price per sq.feet has barely changed, going from RM 1,313.5 to RM 1,351 per sq.feet. The price per sq.feet has decreased 91 % 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 1,332.25 to RM 1,211.5 during April, and May.
Based upon to the price in Klcc (cities), this has gone downing the last 6 months. The price in December is RM 2,268,733, rising in January till RM 2,467,656. During the following two months (February, March) the average price fell 93 % 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 2,284,282.5 to RM 1,898,548.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,788,878 they are 34 % more affordable than the average price for Klcc. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 2,477,587.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 1,047 / sq.feet, with an average RM 1,144 / sq.feet price in Klcc. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1,329 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,788,878 it is 26 % 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 "Shop". At a price of RM 5,956,515 it is 365 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Bungalow" at an average cost of RM 856 / sq.feet followed by "Apartment" priced at RM 1,011 / sq.feet. "Shop" is the most costly type of property with a RM 1,927 / sq.feet cost followed by "Serviced Residence" with an average price of RM 1,349 / sq.feet.