The rent prices in real estate in Batu Arang, in the Selangor region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Batu Arang has had a strong fall during the last 6 months. In May, the average price per sq.feet was RM 1.21. In the following month the price per sq.feet fell considerably to RM 1. The price for the following two months in (July, August) had a considerable fall of 74 with regard to the previous two months. 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 0.96 to RM 1 during September y October
When referring to the price in Batu Arang (cities), this has fallen considerably in the last 6 months. The average price for May is RM 10,875. During June the price had a considerable fall till RM 7,650. During the following two months (July, August) the average price had a considerable fall of 70 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 105 % during the last two months.
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 9,600 they are 13 % more affordable than the average price for Batu Arang . The properties with the lowest average price have 1 bedroom, Their price is 12 % more affordable than the average. After that we have properties with 2 bedrooms priced at RM 8,361.
According to average price per property type in Batu Arang, "" priced at RM 8,361 is 13 % lower than the average price (RM 9,600) in this city.