Property prices for rent in Batu (Kuala Lumpur)
The rent prices in real estate in Batu, in the Kuala Lumpur 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 Batu has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 3.03. In November this price barely changed remaining at RM 2.97 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 238 %. The price per sq.feet has had a considerable fall of 44 % 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 5.07 to RM 2.21 during February, and March.
When referring to the price in Batu (cities), this has fallen considerably in the last 6 months. The average price for October is RM 4,014. During November the price had a slight fall till RM 3,509. In the following two months the average price has hardly changed with regard to the previous two months from RM 3,761.5 to RM 3,878. During the last two months the average price has fallen greatly compared to the previous four going from RM 3,819.75 to RM 2,619.5, which means a 69 % fall.
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 2,013 they are 18 % more affordable than the average price for Batu . The properties with the lowest average price have 1 bedroom, Their price is 17 % more affordable than the average. After that we have properties with 2 bedrooms priced at RM 1,659.
According to average price per property type in Batu, "" priced at RM 1,639 is 19 % lower than the average price (RM 2,013) in this city.
