The prices in real estate in Petaling Jaya, in the Selangor 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 Petaling Jaya has remained the same in the last 6 months. In June, the average price per sq.feet was RM 590. In the following month the price per sq.feet decreased to RM 559. In the following two months the price per sq.feet has barely changed, going from RM 574.5 to RM 601.5 per sq.feet. The price per sq.feet has decreased 95 % 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 588 to RM 556 during October, and November.
Based upon to the price in Petaling Jaya (cities), this has gone downing the last 6 months. The average price for June is RM 1,175,511. During July the price had a slight fall till RM 1,085,575. In the following two months the average price has remained the same with regard to the previous two months from RM 1,130,543 to RM 1,143,781. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from RM 1,137,162 to RM 1,076,969.5 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 884,176 they are 46 % more affordable than the average price for Petaling Jaya. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 2 bedrooms priced at RM 533,397.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 459 / sq.feet, with an average RM 549 / sq.feet price in Petaling Jaya. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 700 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 884,176 it is 44 % cheaper than the average price in Petaling Jaya. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 2,381,510 it is 272 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 546 / sq.feet followed by "Apartment" priced at RM 548 / sq.feet. "Bungalow" is the most costly type of property with a RM 670 / sq.feet cost followed by "Semi Detached House" with an average price of RM 615 / sq.feet.