The prices in real estate in Kuala Lumpor, in the Wilayah Persekutuan Kuala Lumpur 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 Kuala Lumpor has increased during the last 6 months. In October, the average price per sq.feet was RM 575. In November this price pretty much remained the same at a value of RM 593 per sq.feet. In the following two months the price per sq.feet has increased 110 %, going from RM 584 to RM 640.5 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 612.25 to RM 591 during February y March
Based upon to the price in Kuala Lumpor (cities), this has gone downing the last 6 months. The average price for October is RM 1,012,476. During November the price had a considerable reduction till RM 785,372. During the following two months (December, January) the price has had an average incrementation from RM 898,924 to RM 971,599.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from RM 935,261.75 to RM 865,487 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 850,924 they are 47 % more affordable than the average price for Kuala Lumpor. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 628,118.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 478 / sq.feet, with an average RM 596 / sq.feet price in Kuala Lumpor. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 640 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 850,924 it is 74 % cheaper than the average price in Kuala Lumpor. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 1,122,091 it is 319 % 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 385 / sq.feet followed by "Apartment" priced at RM 400 / sq.feet. "Commercial" is the most costly type of property with a RM 1,132 / sq.feet cost followed by "House" with an average price of RM 880 / sq.feet.