The prices in real estate in Sungai Besi, in the Kuala Lumpur region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Sungai Besi has increased during the last 6 months. In November, the average price per sq.feet was RM 480. In December this price pretty much remained the same at a value of RM 489 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from RM 484.5 to RM 510 per sq.feet. The price per sq.feet has increased 108 % 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 497.25 to RM 538.5 during March, and April.
Based upon to the price in Sungai Besi (cities), these have remained the same in the last 6 months. The price in November is RM 763,087, rising in December till RM 809,788. During the following two months (January, February) the average price had a considerable increase of 122 % 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 873,680.25 to RM 629,916, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 629,666 they are 17 % more affordable than the average price for Sungai Besi. The properties with the highest average price have 1 bedroom, Their price is 30 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 625,564.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 252 / sq.feet, with an average RM 516 / sq.feet price in Sungai Besi. The properties with the highest average prices have 2 bedrooms. They are 26 % more expensive than the average followed by properties with 1 bedroom with a price at RM 614 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 629,666 it is 16 % cheaper than the average price in Sungai Besi. "Condominium" is seen as the second most affordable property type. The dearest property type is "Shop" followed by "Link House". At a price of RM 1,298,876 it is 400 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 227 / sq.feet followed by "Link House" priced at RM 443 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 683 / sq.feet cost followed by "Shop" with an average price of RM 613 / sq.feet.