The rent prices in real estate in Bandar Bukit Tinggi, in the Selangor region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bandar Bukit Tinggi has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 1.08. In the following month the price per sq.feet rose to RM 1.17. In the following two months the price per sq.feet has risen 105 %, going from RM 1.12 to RM 1.18 per sq.feet. The price per sq.feet has had a considerable rise of 128 % 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 1.15 to RM 1.48 during February, and March.
When referring to the price in Bandar Bukit Tinggi (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is RM 2,092. In November This price remains at RM 2,154. In the following two months the average price has hardly changed with regard to the previous two months from RM 2,123 to RM 2,066.5. 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 2,094.75 and RM 2,116.5 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of RM 2,066 they are 12 % more affordable than the average price for Bandar Bukit Tinggi . The properties with the highest average price have 4 bedrooms, Their price is 0 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 1,980.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.05 / sq.feet, with an average RM 1.62 / sq.feet price in Bandar Bukit Tinggi. The properties with the most expensive average prices have 1 bedroom. They are 77 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.67 / sq.feet.
The graph displaying the average rent prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 2,066 it is 9 % more affordable than the average price in Bandar Bukit Tinggi. "Terraced House" is seen as the second most affordable property type. The most expensive property type is "Semi Detached House" followed by "". At a price of RM 2,223 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Semi Detached House" at an average price of RM 0.96 / sq.feet followed by "Terraced House" priced at RM 1.11 / sq.feet. "Serviced Residence" is the most expensive type of property with a RM 2.45 / sq.feet value followed by "Terraced House" with an average price of RM 1.11 / sq.feet.