Property prices for rent in Pandan Jaya (Kuala Lumpur)
The rent prices in real estate in Pandan Jaya, 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 Pandan Jaya has risen during the last 6 months. In October, the average price per sq.feet was RM 1.59. In November this price barely changed remaining at RM 1.62 per sq.feet. In the following two months the price per sq.feet has risen 106 %, going from RM 1.61 to RM 1.7 per sq.feet. The price per sq.feet has risen 114 % 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 1.65 to RM 1.88 during February, and March.
When referring to the price in Pandan Jaya (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is RM 1,919. During November the price went through a considerable rise reaching RM 2,313. During the following two months (December, January) the average price had a considerable rise of 133 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 88 %, going from RM 2,464.75 to RM 2,158.5 in February and March.
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 1,785 they are 56 % more affordable than the average price for Pandan Jaya . The properties with the highest average price have 4 bedrooms, Their price is 5 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 1,692.
According to average price per property type in Pandan Jaya, "" priced at RM 1,867 is 5 % more expensive than the average price (RM 1,785) in this city.
