Property prices for rent in Bertam (Penang)
The rent prices in real estate in Bertam, 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 Bertam has barely changed in the last 6 months. In October, the average price per sq.feet was RM 0.88. In November this price barely changed remaining at RM 0.91 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 0.89 to RM 0.86 per sq.feet. The price per sq.feet has risen 108 % 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 0.88 to RM 0.94 during February, and March.
When referring to the price in Bertam (cities), this has fallen considerably in the last 6 months. The average price for October is RM 2,006. During November the price had a considerable fall till RM 1,626. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of RM 1,706 and RM 1,739 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 38 % more affordable than the average price of RM 1,149 in Bertam. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 38 % more affordable than the average aforementioned.
According to average price per property type in Bertam, "" priced at RM 1,149 is 38 % lower than the average price (RM 1,856) in this city.
