The prices in real estate in Kuala Lumpor, in the Wilayah Persekutuan 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 Kuala Lumpor has remained the same in the last 6 months. In November, the average price per sq.feet was RM 590. In the following month the price per sq.feet increased to RM 628. In the following two months the price per sq.feet has barely changed, going from RM 609 to RM 600.5 per sq.feet. The price per sq.feet has decreased 93 % 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 604.75 to RM 565 during March, and April.
Based upon to the price in Kuala Lumpor (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is RM 993,505. In December This price remains at RM 1,014,266. During the following two months (January, February) the average price fell 89 % 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 946,751.75 and RM 904,019.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 818,188 they are 17 % more affordable than the average price for Kuala Lumpor. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 943,741.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 516 / sq.feet, with an average RM 548 / sq.feet price in Kuala Lumpor. The properties with the highest average prices have 1 bedroom. They are 72 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 859 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 818,188 it is 39 % cheaper than the average price in Kuala Lumpor. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Shop". At a price of RM 2,938,566 it is 443 % 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 443 / sq.feet followed by "Link House" priced at RM 516 / sq.feet. "Shop" is the most costly type of property with a RM 2,003 / sq.feet cost followed by "Serviced Residence" with an average price of RM 845 / sq.feet.