The rent prices in real estate in Bukit Tunku, in the Kuala Lumpur region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Bukit Tunku has fallen during the last 6 months. In October, the average price per sq.feet was RM 2. In November this price barely changed remaining at RM 2 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 2 to RM 2 per sq.feet. The price per sq.feet has had a considerable fall of 75 % 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 2 to RM 1.5 during February, and March.
When referring to the price in Bukit Tunku (cities), this has risen considerably in the last 6 months. The rent price in October is RM 8,655, rising in November till RM 9,433. During the following two months (December, January) the average price had a considerable rise of 134 % 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 10,602 and RM 10,599.5 between February and March.
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 8,540 they are 69 % more affordable than the average price for Bukit Tunku . The properties with the lowest average price have 4 bedrooms, Their price is 6 % more affordable than the average. After that we have properties with 3 bedrooms priced at RM 5,761.
According to average price per property type in Bukit Tunku, "" priced at RM 7,295 is 15 % lower than the average price (RM 8,540) in this city.