The prices in real estate in Setapak, 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 Setapak has remained the same in the last 6 months. In October, the average price per sq.feet was RM 446. In November this price pretty much remained the same at a value of RM 439 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 442.5 to RM 436 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 439.25 to RM 424 during February y March
Based upon to the price in Setapak (cities), this has gone downing the last 6 months. The average price for October is RM 611,044. During November the price had a slight fall till RM 563,575. In the following two months the average price has remained the same with regard to the previous two months from RM 587,309.5 to RM 578,101. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 582,705.25 and RM 563,156.5 between 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 539,163 they are 41 % more affordable than the average price for Setapak. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 424,370.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 401 / sq.feet, with an average RM 428 / sq.feet price in Setapak. The properties with the highest average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 447 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 539,163 it is 46 % cheaper than the average price in Setapak. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 813,412 it is 283 % 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 354 / sq.feet followed by "Condominium" priced at RM 430 / sq.feet. "Commercial" is the most costly type of property with a RM 617 / sq.feet cost followed by "Serviced Residence" with an average price of RM 499 / sq.feet.