Property prices for sale in Pantai (Kuala Lumpur)
The prices in real estate in Pantai, in the 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 Pantai has increased during the last 6 months. In October, the average price per sq.feet was RM 551. In the following month the price per sq.feet increased to RM 600. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has decreased 91 % 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 620.25 to RM 565 during February, and March.
Based upon to the price in Pantai (cities), this has gone up considerably in the last 6 months. The price in October is RM 601,475, rising in November till RM 671,673. During the following two months (December, January) the average price had a considerable increase of 165 % 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 843,759.5 to RM 659,841.5, which means a 78 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of RM 676,838 they are 21 % more affordable than the average price for Pantai. The properties with the highest average price have 4 bedrooms, Their price is 78 % more costly than the average. After that we have properties with 1 bedroom priced at RM 653,483.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 500 / sq.feet, with an average RM 571 / sq.feet price in Pantai. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 614 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 676,838 it is 39 % cheaper than the average price in Pantai. "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 888,016 it is 1116 % 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 485 / sq.feet followed by "Terraced House" priced at RM 493 / sq.feet. "House" is the most costly type of property with a RM 1,071 / sq.feet cost followed by "Condominium" with an average price of RM 575 / sq.feet.
