Property prices for rent in Setapak (Kuala Lumpur)

The rent prices in real estate in Setapak, in the Kuala Lumpur region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

RM 1,897.83
Average price last 6 months
RM 1.78
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Setapak has fallen during the last 6 months. In September, the average price per sq.feet was RM 1.96. In the following month the price per sq.feet fell considerably to RM 1.61. The price for the following two months in (November, December) fell 94 % with regard to the previous two months. The price per sq.feet has risen 109 % 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 1.73 to RM 1.89 during January, and February.

Average price

When referring to the price in Setapak (cities), this has fallen in the last 6 months. The average price for September is RM 1,984. During October the price had a slight fall till RM 1,748. During the following two months (November, December) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 119 % during the last two months.

Average price per bedrooms

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 1,866 they are 10 % more affordable than the average price for Setapak . The properties with the highest average price have 4 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 1,869.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.55 / sq.feet, with an average RM 1.77 / sq.feet price in Setapak. The properties with the most expensive average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.45 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 1,866 it is 7 % more affordable than the average price in Setapak. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Serviced Residence". At a price of RM 2,475 it is 179 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Terraced House" at an average price of RM 1.55 / sq.feet followed by "Serviced Residence" priced at RM 1.6 / sq.feet. "House" is the most expensive type of property with a RM 2.83 / sq.feet value followed by "Apartment" with an average price of RM 2.12 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Setapak
Number of properties used in region Kuala Lumpur
RM 1,866
RM 1.77
11,986
189,590
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value