Property prices for sale in Klcc (Kuala Lumpur)
The prices in real estate in Klcc, in the Kuala Lumpur region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Klcc has increased strongly during the last 6 months. In August, the average price per sq.feet was RM 1,143. In the following month the price per sq.feet decreased to RM 1,043. The price for the following two months in (October, November) had a considerable increment of 123 %. The price per sq.feet has had a considerable increase of 117 % 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 1,220.25 to RM 1,429.5 during December, and January.
Based upon to the price in Klcc (cities), this has gone downing the last 6 months. The average price for August is RM 2,395,647. During September the price had a considerable reduction till RM 1,785,919. In the following two months the average price has remained the same with regard to the previous two months from RM 2,090,783 to RM 2,139,846.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 2,768,237 they are 59 % more affordable than the average price for Klcc. The properties with the highest average price have 4 bedrooms, Their price is 81 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 2,588,189.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 1,343 / sq.feet, with an average RM 1,536 / sq.feet price in Klcc. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 4 bedrooms with a price at RM 1,491 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 2,768,237 it is 87 % cheaper than the average price in Klcc. "Office" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Condominium". At a price of RM 2,928,757 it is 375 % 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 441 / sq.feet followed by "Office" priced at RM 1,029 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 1,615 / sq.feet cost followed by "Condominium" with an average price of RM 1,392 / sq.feet.
