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 January, the average price per sq.feet was RM 445. In February this price pretty much remained the same at a value of RM 438 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 441.5 to RM 421 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 431.25 to RM 436.5 during May y June
Based upon to the price in Setapak (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is RM 540,552. In February This price remains at RM 531,727. In the following two months the average price has remained the same with regard to the previous two months from RM 536,139.5 to RM 532,005. 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 534,072.25 and RM 524,101.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 526,979 they are 35 % more affordable than the average price for Setapak. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 462,870.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 391 / sq.feet, with an average RM 438 / sq.feet price in Setapak. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 473 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 526,979 it is 28 % cheaper than the average price in Setapak. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Link House". At a price of RM 811,155 it is 274 % 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 378 / sq.feet followed by "Link House" priced at RM 411 / sq.feet. "Shop" is the most costly type of property with a RM 722 / sq.feet cost followed by "Serviced Residence" with an average price of RM 474 / sq.feet.