The prices in real estate in Setapak, in the Kuala Lumpur region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Setapak has had a strong decrease during the last 6 months. In February, the average price per sq.feet was RM 432. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 199 %. The price per sq.feet has had a considerable deflation of 67 % 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 323.25 to RM 215 during June, and July.
Based upon to the price in Setapak (cities), this has fallen considerably in the last 6 months. The average price for February is RM 558,306. During March the price had a considerable reduction till . During the following two months (April, May) the average price had a considerable increase of 183 % 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 395,295.25 to RM 281,831.5, which means a 71 % fall.