The rent prices in real estate in Bangsar, 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 Bangsar has risen during the last 6 months. In November, the average price per sq.feet was RM 3.41. In December this price barely changed remaining at RM 3.4 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from RM 3.4 to RM 3.83 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of RM 3.62 to RM 3.7 during March y April
When referring to the price in Bangsar (cities), this has risen in the last 6 months. The average price for November is RM 5,878. During December the price had a considerable fall till RM 4,932. During the following two months (January, February) the average price had a considerable rise of 139 % 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 90 %, going from RM 6,455 to RM 5,836.5 in March and April.
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 5,368 they are 44 % more affordable than the average price for Bangsar . The properties with the highest average price have 4 bedrooms, Their price is 66 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 5,899.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of RM 2.83 / sq.feet, with an average RM 3.71 / sq.feet price in Bangsar. The properties with the most expensive average prices have 1 bedroom. They are 15 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 3.77 / sq.feet.
The graph displaying the average rent prices displays the property type "Office" as the most affordable one. At an cost of RM 5,368 it is 36 % more affordable than the average price in Bangsar. "Terraced House" is seen as the second most affordable property type. The most expensive property type is "Bungalow" followed by "Link House". At a price of RM 9,396 it is 221 % 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 2.51 / sq.feet followed by "Condominium" priced at RM 3.3 / sq.feet. "Serviced Residence" is the most expensive type of property with a RM 209.22 / sq.feet value followed by "Terraced House" with an average price of RM 4.71 / sq.feet.