Property prices for rent in Bukit Dumbar (Penang)
The rent prices in real estate in Bukit Dumbar, 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 Bukit Dumbar has barely changed in the last 6 months. In November, the average price per sq.feet was RM 1.8. In the following month the price per sq.feet rose to RM 2.05. In the following two months the price per sq.feet has practically remained the same, going from RM 1.92 to RM 1.97 per sq.feet. The price per sq.feet has fallen 88 % 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 1.94 to RM 1.72 during March, and April.
When referring to the price in Bukit Dumbar (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is RM 3,475. In December This price remains at RM 3,450. During the following two months (January, February) the average price had a considerable fall of 78 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from RM 3,074 to RM 2,040, which means a 66 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of RM 2,040 they are 20 % more expensive than the average price for Bukit Dumbar. Following this ranking we find those properties with 1 at an average price of RM 2,464. The properties with the highest average price have 1 bedroom, Their price is 21 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,449.
According to average price per property type in Bukit Dumbar, "" priced at RM 2,449 is 20 % more expensive than the average price (RM 2,040) in this city.
