The rent prices in real estate in Alor Gajah, in the Melaka 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 Alor Gajah has risen during the last 6 months. In November, the average price per sq.feet was RM 0.89. In December this price barely changed remaining at RM 0.88 per sq.feet. In the following two months the price per sq.feet has risen 114 %, going from RM 0.88 to RM 1 per sq.feet. The price per sq.feet has risen 113 % 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 0.94 to RM 1.07 during March, and April.
When referring to the price in Alor Gajah (cities), this has fallen considerably in the last 6 months. The average price for November is RM 6,421. During December the price had a considerable fall till RM 2,000. During the following two months (January, February) the average price had a considerable fall of 48 % 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 3,112.5 to RM 2,297.5, which means a 74 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 37 % more affordable than the average price of RM 1,461 in Alor Gajah. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
According to average price per property type in Alor Gajah, "" priced at RM 1,461 is 37 % lower than the average price (RM 2,316) in this city.