The prices in real estate in Kota Damansara, in the Selangor 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 Kota Damansara has increased during the last 6 months. In September, the average price per sq.feet was RM 474. In the following month the price per sq.feet decreased to RM 449. In the following two months the price per sq.feet has increased 110 %, going from RM 461.5 to RM 506 per sq.feet. The price per sq.feet has increased 106 % 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 483.75 to RM 515 during January, and February.
Based upon to the price in Kota Damansara (cities), this has gone up considerably in the last 6 months. In our first sample month during September, the average price is RM 864,575. In October This price remains at RM 895,185. During the following two months (November, December) the average price had a considerable increase of 130 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 1,378,887 they are 73 % more affordable than the average price for Kota Damansara. The properties with the lowest average price have 4 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at RM 882,054.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 396 / sq.feet, with an average RM 486 / sq.feet price in Kota Damansara. The properties with the highest average prices have 1 bedroom. They are 28 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 544 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 1,378,887 it is 85 % cheaper than the average price in Kota Damansara. "Apartment" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 4,191,111 it is 750 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of RM 303 / sq.feet followed by "Apartment" priced at RM 373 / sq.feet. "Warehouse" is the most costly type of property with a RM 987 / sq.feet cost followed by "Commercial" with an average price of RM 655 / sq.feet.