Property prices for sale in Kuala Lumpur (Wilayah Persekutuan Kuala Lumpur)
The prices in real estate in Kuala Lumpur, 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 Lumpur has remained the same in the last 6 months. In October, the average price per sq.feet was RM 591. In November this price pretty much remained the same at a value of RM 610 per sq.feet. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has increased 113 % 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 568 to RM 639.5 during February, and March.
Based upon to the price in Kuala Lumpur (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is RM 682,874. During November the price went through a considerable rise reaching RM 1,337,263. In the following two months the average price has remained the same with regard to the previous two months from RM 1,010,068.5 to RM 1,004,795. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 924,132 they are 37 % more affordable than the average price for Kuala Lumpur. The properties with the highest average price have 4 bedrooms, Their price is 10 % more costly than the average. After that we have properties with 1 bedroom priced at RM 761,804.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 530 / sq.feet, with an average RM 618 / sq.feet price in Kuala Lumpur. The properties with the highest average prices have 1 bedroom. They are 65 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 786 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 924,132 it is 73 % cheaper than the average price in Kuala Lumpur. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 1,241,887 it is 279 % 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 "Link House" priced at RM 447 / sq.feet. "Commercial" is the most costly type of property with a RM 803 / sq.feet cost followed by "Condominium" with an average price of RM 600 / sq.feet.
