The prices in real estate in Klcc, 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 Klcc has fallen in the last 6 months. In February, the average price per sq.feet was RM 1,402. In the following month the price per sq.feet decreased to RM 1,300. The price for the following two months in (April, May) decreased 90 % with regard to the prior two months. 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 1,281.25 to RM 1,274.5 during June y July
Based upon to the price in Klcc (cities), this has gone downing the last 6 months. The price in February is RM 2,121,507, rising in March till RM 2,279,234. During the following two months (April, May) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 2,049,459.5 and RM 1,956,831 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,817,934 they are 34 % more affordable than the average price for Klcc. The properties with the highest average price have 4 bedrooms, Their price is 61 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 2,792,549.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 984 / sq.feet, with an average RM 1,263 / sq.feet price in Klcc. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1,430 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,817,934 it is 15 % cheaper than the average price in Klcc. "Apartment" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Office". At a price of RM 3,817,993 it is 363 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 948 / sq.feet followed by "Bungalow" priced at RM 991 / sq.feet. "Office" is the most costly type of property with a RM 2,120 / sq.feet cost followed by "Serviced Residence" with an average price of RM 1,547 / sq.feet.