The rent prices in real estate in Kerteh, in the Negeri Terengganu region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Kerteh has had a strong fall during the last 6 months. In October, the average price per sq.feet was RM 401.24. In the following month the price per sq.feet fell considerably to RM 334.31. The price for the following two months in (December, January) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 159 % 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 184.57 to RM 294.35 during February, and March.
When referring to the price in Kerteh (cities), this has fallen in the last 6 months. The average price for October is RM 2,500. During November the price had a slight fall till RM 2,267. During the following two months (December, January) the average price fell 90 % 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 2,262.5 and RM 2,188.5 between February and March.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 12 % more affordable than the average price of RM 1,950 in Kerteh. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 12 % more affordable than the average aforementioned.
According to average price per property type in Kerteh, "" priced at RM 1,950 is 12 % lower than the average price (RM 2,217) in this city.