Property prices for rent in Ampang Hilir (Kuala Lumpur)
The rent prices in real estate in Ampang Hilir, 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 Ampang Hilir has risen during the last 6 months. In October, the average price per sq.feet was RM 2.47. In November this price barely changed remaining at RM 2.52 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 116 %. The price per sq.feet has risen 105 % 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 2.69 to RM 2.83 during February, and March.
When referring to the price in Ampang Hilir (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is RM 3,587. In November This price remains at RM 3,505. During the following two months (December, January) the average price had a considerable rise of 177 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of RM 4,906 and RM 5,129.5 between 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 5,621 they are 69 % more affordable than the average price for Ampang Hilir . The properties with the highest average price have 4 bedrooms, Their price is 75 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 5,049.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of RM 2.48 / sq.feet, with an average RM 2.89 / sq.feet price in Ampang Hilir. The properties with the most expensive average prices have 1 bedroom. They are 17 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 2.92 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 5,621 it is 61 % more affordable than the average price in Ampang Hilir. "Apartment" is seen as the second most affordable property type. The most expensive property type is "Serviced Residence" followed by "House". At a price of RM 12,519 it is 176 % 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 1.56 / sq.feet followed by "Serviced Residence" priced at RM 2.58 / sq.feet. "House" is the most expensive type of property with a RM 4.18 / sq.feet value followed by "Apartment" with an average price of RM 3.53 / sq.feet.
