The prices in real estate in Mont Kiara, in the 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 Mont Kiara has remained the same in the last 6 months. In October, the average price per sq.feet was RM 761. In the following month the price per sq.feet decreased to RM 721. In the following two months the price per sq.feet has increased 105 %, going from RM 741 to RM 779 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 760 to RM 744.5 during February y March
Based upon to the price in Mont Kiara (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 1,442,676. In November This price remains at RM 1,378,099. During the following two months (December, January) the price has had an average incrementation from RM 1,410,387.5 to RM 1,488,261.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from RM 1,449,324.5 to RM 1,316,386.5 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 1,378,996 they are 52 % more affordable than the average price for Mont Kiara. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 1,070,407.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 704 / sq.feet, with an average RM 755 / sq.feet price in Mont Kiara. The properties with the highest average prices have 1 bedroom. They are 31 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 946 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,378,996 it is 59 % cheaper than the average price in Mont Kiara. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 3,603,886 it is 221 % 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 552 / sq.feet followed by "Condominium" priced at RM 760 / sq.feet. "House" is the most costly type of property with a RM 926 / sq.feet cost followed by "Commercial" with an average price of RM 921 / sq.feet.