Property prices for rent in Bangsar South (Kuala Lumpur)
The rent prices in real estate in Bangsar South, in the Kuala Lumpur region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Bangsar South has risen during the last 6 months. In October, the average price per sq.feet was RM 4.2. In the following month the price per sq.feet fell to RM 3.87. The price for the following two months in (December, January) had a considerable rise of 137 %. The price per sq.feet has had a considerable fall of 80 % 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 4.78 to RM 3.82 during February, and March.
When referring to the price in Bangsar South (cities), this has risen considerably in the last 6 months. The average price for October is RM 3,481. During November the price had a considerable fall till RM 2,550. During the following two months (December, January) the average price had a considerable rise of 606 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from RM 10,648.75 to RM 3,345.5, which means a 31 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of RM 3,463 they are 46 % more affordable than the average price for Bangsar South . The properties with the highest average price have 4 bedrooms, Their price is 154 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 2,721.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of RM 2.85 / sq.feet, with an average RM 3.84 / sq.feet price in Bangsar South. The properties with the most expensive average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 3.66 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of RM 3,463 it is 38 % more affordable than the average price in Bangsar South. "Commercial" is seen as the second most affordable property type. The most expensive property type is "Condominium" followed by "". At a price of RM 24,925 it is 723 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of RM 2.69 / sq.feet followed by "Commercial" priced at RM 3.73 / sq.feet. "Condominium" is the most expensive type of property with a RM 6.25 / sq.feet value followed by "House" with an average price of RM 3.8 / sq.feet.
