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 November, the average price per sq.feet was RM 422. In December this price pretty much remained the same at a value of RM 421 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 421.5 to RM 441.5 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 431.5 to RM 421 during March y April
Based upon to the price in Setapak (cities), this has gone up in the last 6 months. The price in November is RM 506,500, rising in December till RM 546,928. In the following two months the average price has remained the same with regard to the previous two months from RM 526,714 to RM 536,139.5. 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 531,426.75 and RM 532,005 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 526,586 they are 34 % 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 464,275.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 392 / sq.feet, with an average RM 434 / sq.feet price in Setapak. The properties with the highest average prices have 1 bedroom. They are 40 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 482 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 526,586 it is 34 % 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 765,174 it is 369 % 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 390 / sq.feet followed by "Link House" priced at RM 404 / sq.feet. "Shop" is the most costly type of property with a RM 625 / sq.feet cost followed by "Serviced Residence" with an average price of RM 462 / sq.feet.