Property prices for rent in Batu Uban (Penang)
The rent prices in real estate in Batu Uban, in the Penang 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 Batu Uban has barely changed in the last 6 months. In October, the average price per sq.feet was RM 2.25. In November this price barely changed remaining at RM 2.17 per sq.feet. The price for the following two months in (December, January) fell 94 % 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 2.14 to RM 2.21 during February y March
When referring to the price in Batu Uban (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is RM 2,289. In November This price remains at RM 2,223. During the following two months (December, January) the average price had a considerable rise of 124 % 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 had a strong increase of 131 % during the last two months.
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 3,321 they are 35 % more affordable than the average price for Batu Uban . The properties with the highest average price have 4 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 3,021.
According to average price per property type in Batu Uban, "" priced at RM 2,543 is 23 % lower than the average price (RM 3,321) in this city.
