Property prices for sale in Taman Melawati (Kuala Lumpur)
The prices in real estate in Taman Melawati, 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 Taman Melawati has increased during the last 6 months. In October, the average price per sq.feet was RM 482. In November this price pretty much remained the same at a value of RM 503 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from RM 492.5 to RM 533 per sq.feet. The price per sq.feet has increased 105 % 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 512.75 to RM 540.5 during February, and March.
Based upon to the price in Taman Melawati (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is RM 1,158,796. During November the price went through a considerable rise reaching RM 1,349,938. During the following two months (December, January) the average price had a considerable increase of 126 % with regard to the previous two months. 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 1,418,931.25 and RM 1,349,686 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,343,411 they are 71 % more affordable than the average price for Taman Melawati. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 615,613.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 483 / sq.feet, with an average RM 534 / sq.feet price in Taman Melawati. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 580 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,343,411 it is 74 % cheaper than the average price in Taman Melawati. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of RM 1,968,353 it is 73 % 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 401 / sq.feet followed by "Terraced House" priced at RM 484 / sq.feet. "House" is the most costly type of property with a RM 562 / sq.feet cost followed by "Condominium" with an average price of RM 560 / sq.feet.
