Property prices for rent in Ayer Keroh (Melaka)
The rent prices in real estate in Ayer Keroh, 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 Ayer Keroh has risen during the last 6 months. In October, the average price per sq.feet was RM 0.87. In the following month the price per sq.feet rose to RM 0.92. In the following two months the price per sq.feet has practically remained the same, going from RM 0.89 to RM 0.92 per sq.feet. The price per sq.feet has risen 107 % 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 0.91 to RM 0.97 during February, and March.
When referring to the price in Ayer Keroh (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is RM 1,736. In November This price remains at RM 1,674. In the following two months the average price has hardly changed with regard to the previous two months from RM 1,705 to RM 1,782.5. 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 1,743.75 and RM 1,672.5 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 1,585 they are 72 % more affordable than the average price for Ayer Keroh . The properties with the highest average price have 4 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 1,373.
With regard to the average prices per sq.feet those properties with 1 bedroom are 4 % more expensive than the average price of (RM 1 / sq.feet) in Ayer Keroh. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 4 % more expensive than the average value aforementioned.
According to average price per property type in Ayer Keroh, "" priced at RM 1,112 is 30 % lower than the average price (RM 1,585) in this city.
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