The rent prices in real estate in Jinjang, 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 Jinjang has risen strongly during the last 6 months. In September, the average price per sq.feet was RM 1.32. In the following month the price per sq.feet rose to RM 1.44. The price for the following two months in (November, December) had a considerable rise of 116 %. The price per sq.feet has had a considerable rise of 123 % 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 1.49 to RM 1.84 during January, and February.
When referring to the price in Jinjang (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is RM 1,986. During October the price went through a considerable rise reaching RM 2,741. During the following two months (November, December) the price has had an average rise from RM 2,363.5 to RM 2,651.5. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 150 % during the last two months.
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 5,160 they are 68 % more affordable than the average price for Jinjang . The properties with the highest average price have 2 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 1 bedroom priced at RM 1,654.
According to average price per property type in Jinjang, "" priced at RM 6,329 is 23 % more expensive than the average price (RM 5,160) in this city.