The prices in real estate in Sungai Penchala, in the Kuala Lumpur region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sungai Penchala has increased strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to RM 338. The price for the following two months in (November, December) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 138 to during January, and February.
Based upon to the price in Sungai Penchala (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching RM 950,000. During the following two months (November, December) the average price had a considerable reduction of 39 % 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 330,166.75 to , which means a 0 % fall.