The rent prices in real estate in Cyberjaya, in the Selangor 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 Cyberjaya has fallen during the last 6 months. In December, the average price per sq.feet was RM 2.2. In January this price barely changed remaining at RM 2.11 per sq.feet. The price for the following two months in (February, March) fell 92 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 2.07 to RM 1.91 during April, and May.
When referring to the price in Cyberjaya (cities), this has fallen in the last 6 months. In our first sample month during December, the average price is RM 1,809. In January This price remains at RM 1,751. During the following two months (February, March) the average price fell 92 % 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 1,712.75 and RM 1,681 between April and May.
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 1,816 they are 31 % more affordable than the average price for Cyberjaya . The properties with the highest average price have 4 bedrooms, Their price is 59 % more expensive than the average. After that we have properties with 3 bedrooms priced at RM 1,514.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.22 / sq.feet, with an average RM 1.98 / sq.feet price in Cyberjaya. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 1.92 / sq.feet.
The graph displaying the average rent prices displays the property type "Condominium" as the most affordable one. At an cost of RM 1,816 it is 36 % more affordable than the average price in Cyberjaya. "Semi Detached House" is seen as the second most affordable property type. The most expensive property type is "Serviced Residence" followed by "Apartment". At a price of RM 1,712 it is 894 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condominium" at an average price of RM 1.51 / sq.feet followed by "Serviced Residence" priced at RM 1.8 / sq.feet. "Terraced House" is the most expensive type of property with a RM 35.9 / sq.feet value followed by "Link House" with an average price of RM 7.6 / sq.feet.