Property prices for rent in Damansara Heights (Kuala Lumpur)
The rent prices in real estate in Damansara Heights, in the Kuala Lumpur region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Damansara Heights has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 3.85. In the following month the price per sq.feet rose to RM 4.18. In the following two months the price per sq.feet has risen 115 %, going from RM 4.01 to RM 4.6 per sq.feet. The price per sq.feet has risen 105 % 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 4.31 to RM 4.53 during February, and March.
When referring to the price in Damansara Heights (cities), this has risen considerably in the last 6 months. The rent price in October is RM 15,614, rising in November till RM 17,265. During the following two months (December, January) the average price had a considerable rise of 127 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 92 %, going from RM 18,674.25 to RM 17,225 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of RM 17,170 they are 68 % more affordable than the average price for Damansara Heights . The properties with the lowest average price have 4 bedrooms, Their price is 14 % more affordable than the average. After that we have properties with 1 bedroom priced at RM 10,859.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 3.78 / sq.feet, with an average RM 4.46 / sq.feet price in Damansara Heights. The properties with the most expensive average prices have 3 bedrooms. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 4.05 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 17,170 it is 84 % more affordable than the average price in Damansara Heights. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Bungalow". At a price of RM 15,343 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Bungalow" at an average price of RM 2.65 / sq.feet followed by "Serviced Residence" priced at RM 3.33 / sq.feet. "House" is the most expensive type of property with a RM 5.29 / sq.feet value followed by "Condominium" with an average price of RM 4.45 / sq.feet.
