Property prices for rent in Melaka region

The average rent price in the Melaka region has remained at pretty much the same value in recent months. Rent prices in this region have remained pretty much the same.

RM 1,654.33
Average price last 6 months
RM1.36
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Melaka has barely changed in the last 6 months. During September, the average price per sq.feet was RM 1.39. In October the price barely changed remaining at RM 1.39 per sq.feet. The price per sq.feet for the following two months barely changed going from RM 1.39 to RM 1.33 per sq.feet. In the last two months, the price has barely changed with regard to the average value for the last 4 months going from an average price per sq.feet of RM 1.36 to RM 1.35 during January and February.

Average price

When referring to the price in Melaka(region), there have hardly been any changes in the last 6 months. In the first month sample September the average price is RM 1,687. In October the price remains at RM 1,705. The average price for the following two months (November, December) fell 92 % compared to the previous two. During the last two months the average price has not gone through any changes and has gone from RM 1,629 to RM 1,705 during January and February.

Average price per bedrooms

The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 17 % cheaper than the average price in Melaka followed by those with 3 with an average price of RM 1,566. The most expensive properties have 4 bedrooms. They are 6 % more expensive than the average followed by those properties with 2 bedrooms priced at RM 1,586.

Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of RM 0.98 / sq.feet being RM 1.2 / sq.feet the average for Melaka. The properties with the highest average price are those with 1 bedroom. These are 81 % more expensive than the average followed by those with 2 bedrooms with a price of RM 1.84 / sq.feet.

Price per property type

The graph displaying the average rent price according to the property type shows "Terraced House" as the most affordable one. With an average cost of RM 1,649 it is 10 % cheaper than the average in Melaka. This is followed by "House" with a cost of RM 1,566. The most expensive property type is "Bungalow" and is 46 % more costly than the average, followed by "Condominium" with a cost of RM 2,172.

Based upon the average cost per sq.feet the most affordable property type is "Bungalow with a an average price of RM 0.46 / sq.feet, followed by "Terraced House" with a price of RM 0.89 / sq.feet. "Commercial" with an average price of RM 1.86 / sq.feet is the most expensive type of property followed by "Condominium" at a price of RM 1.74 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in region Melaka
RM 1,649
RM 1.2
5,214
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value