Property prices for rent in Kepala Batas (Penang)

The price per sq.feet in Kepala Batas has had a strong fall during the last 6 months. In October, the average price per sq.feet was RM 10.63. In the following month the price per sq.feet fell considerably to RM 0.97. The price for the following two months in (December, January) had a considerable fall of 18 with regard to the previous two months. The price per sq.feet has had a considerable fall of 29 % 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 3.44 to RM 1 during February, and March.

When referring to the price in Kepala Batas (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is RM 1,943. In November This price remains at RM 1,994. During the following two months (December, January) the average price had a considerable rise of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 105 % 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 2,293 they are 71 % more affordable than the average price for Kepala Batas . The properties with the lowest average price have 2 bedrooms, Their price is 26 % more affordable than the average. After that we have properties with 4 bedrooms priced at RM 1,589.

According to average price per property type in Kepala Batas, "" priced at RM 1,698 is 26 % lower than the average price (RM 2,293) in this city.