The rent prices in real estate in Cheras, in the Kuala Lumpur 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 Cheras has barely changed in the last 6 months. In May, the average price per sq.feet was RM 1.69. In June this price barely changed remaining at RM 1.63 per sq.feet. In the following two months the price per sq.feet has risen 109 %, going from RM 1.66 to RM 1.8 per sq.feet. 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 1.73 to RM 1.77 during September y October
When referring to the price in Cheras (cities), this has risen in the last 6 months. The rent price in May is RM 1,668, rising in June till RM 1,857. During the following two months (July, August) the price has had an average rise from RM 1,762.5 to RM 1,942. 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 1,852.25 and RM 1,839.5 between September and October.
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 1,806 they are 17 % more affordable than the average price for Cheras . The properties with the highest average price have 2 bedrooms, Their price is 16 % more expensive than the average. After that we have properties with 1 bedroom priced at RM 1,994.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.12 / sq.feet, with an average RM 1.8 / sq.feet price in Cheras. The properties with the most expensive average prices have 1 bedroom. They are 58 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.39 / sq.feet.
The graph displaying the average rent prices displays the property type "Semi Detached House" as the most affordable one. At an cost of RM 1,806 it is 23 % more affordable than the average price in Cheras. "Condominium" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Bungalow". At a price of RM 3,141 it is 148 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Terraced House" at an average price of RM 1.36 / sq.feet followed by "Condominium" priced at RM 1.7 / sq.feet. "Semi Detached House" is the most expensive type of property with a RM 33.65 / sq.feet value followed by "Commercial" with an average price of RM 2.6 / sq.feet.