The prices in real estate in Port Klang, in the Selangor region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Port Klang has fallen in the last 6 months. In October, the average price per sq.feet was RM 374. In November this price pretty much remained the same at a value of RM 369 per sq.feet. The price for the following two months in (December, January) decreased 94 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 361.25 to RM 332.5 during February, and March.
Based upon to the price in Port Klang (cities), this has gone up considerably in the last 6 months. The average price for October is RM 1,425,950. During November the price had a considerable reduction till RM 911,944. During the following two months (December, January) the average price had a considerable increase of 235 % 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 1,958,466.25 to RM 1,116,047, which means a 57 % 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 1,501,425 they are 81 % more affordable than the average price for Port Klang. The properties with the highest average price have 1 bedroom, Their price is 439 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 532,879.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 279 / sq.feet, with an average RM 315 / sq.feet price in Port Klang. The properties with the highest average prices have 1 bedroom. They are 1079368 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 405 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,501,425 it is 89 % cheaper than the average price in Port Klang. "Condominium" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "Commercial". At a price of RM 2,584,560 it is 874 % 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 247 / sq.feet followed by "Condominium" priced at RM 279 / sq.feet. "Commercial" is the most costly type of property with a RM 543 / sq.feet cost followed by "Warehouse" with an average price of RM 404 / sq.feet.