Property prices for rent in Bandar Utama (Selangor)
The rent prices in real estate in Bandar Utama, in the Selangor region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Bandar Utama has barely changed in the last 6 months. In May, the average price per sq.feet was RM 1.91. In June this price barely changed remaining at RM 1.94 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from RM 1.92 to RM 2.1 per sq.feet. The price per sq.feet has fallen 93 % 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 2.01 to RM 1.87 during September, and October.
When referring to the price in Bandar Utama (cities), there have hardly been any changes in the last 6 months. The average price for May is RM 3,805. During June the price had a considerable fall till RM 3,214. During the following two months (July, August) the average price had a considerable rise of 120 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from RM 3,860 to RM 3,421.5 in September and October.
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 3,448 they are 51 % more affordable than the average price for Bandar Utama . The properties with the lowest average price have 4 bedrooms, Their price is 18 % more affordable than the average. After that we have properties with 1 bedroom priced at RM 2,635.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.34 / sq.feet, with an average RM 1.8 / sq.feet price in Bandar Utama. The properties with the most expensive average prices have 1 bedroom. They are 33 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1.81 / sq.feet.
The graph displaying the average rent prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 3,448 it is 46 % more affordable than the average price in Bandar Utama. "Link House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "". At a price of RM 10,666 it is 210 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Bungalow" at an average price of RM 1 / sq.feet followed by "Link House" priced at RM 1.16 / sq.feet. "Apartment" is the most expensive type of property with a RM 4.9 / sq.feet value followed by "Terraced House" with an average price of RM 1.75 / sq.feet.
