Property prices for rent in Batu Caves (Selangor)
The rent prices in real estate in Batu Caves, in the Selangor 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 Batu Caves has risen during the last 6 months. In October, the average price per sq.feet was RM 1.51. In November this price barely changed remaining at RM 1.53 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 1.52 to RM 1.53 per sq.feet. The price per sq.feet has risen 112 % 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 1.53 to RM 1.71 during February, and March.
When referring to the price in Batu Caves (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is RM 1,716. In November This price remains at RM 1,785. During the following two months (December, January) the price has had an average rise from RM 1,750.5 to RM 1,923.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 122 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of RM 2,234 they are 28 % more affordable than the average price for Batu Caves . The properties with the highest average price have 1 bedroom, Their price is 592 % more expensive than the average. After that we have properties with 4 bedrooms priced at RM 2,059.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.53 / sq.feet, with an average RM 1.71 / sq.feet price in Batu Caves. The properties with the most expensive average prices have 1 bedroom. They are 847947 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1.95 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 2,234 it is 29 % more affordable than the average price in Batu Caves. "House" is seen as the second most affordable property type. The most expensive property type is "Apartment" followed by "Condominium". At a price of RM 5,897 it is 458 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Flat" at an average price of RM 1.52 / sq.feet followed by "Commercial" priced at RM 1.54 / sq.feet. "Condominium" is the most expensive type of property with a RM 3.2 / sq.feet value followed by "Apartment" with an average price of RM 2.44 / sq.feet.
