The prices in real estate in Kuala Langat, in the Selangor 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 Kuala Langat has fallen in the last 6 months. In September, the average price per sq.feet was RM 396. In the following month the price per sq.feet decreased to RM 367. In the following two months the price per sq.feet has barely changed, going from RM 381.5 to RM 377 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 379.25 to RM 378.5 during January y February
Based upon to the price in Kuala Langat (cities), this has fallen considerably in the last 6 months. The average price for September is RM 1,802,658. During October the price had a slight fall till RM 1,573,786. During the following two months (November, December) the average price had a considerable reduction of 66 % 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 1,405,147.25 to RM 884,949, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 860,795 they are 56 % more affordable than the average price for Kuala Langat. The properties with the highest average price have 1 bedroom, Their price is 87 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 512,460.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 296 / sq.feet, with an average RM 371 / sq.feet price in Kuala Langat. The properties with the highest average prices have 1 bedroom. They are 82 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 398 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 860,795 it is 85 % cheaper than the average price in Kuala Langat. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "House". At a price of RM 558,952 it is 854 % 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 198 / sq.feet followed by "Semi Detached House" priced at RM 231 / sq.feet. "Warehouse" is the most costly type of property with a RM 509 / sq.feet cost followed by "Condominium" with an average price of RM 405 / sq.feet.