The rent prices in real estate in Klang, in the Negeri Selangor region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Klang has risen during the last 6 months. In September, the average price per sq.feet was RM 1.16. In the following month the price per sq.feet fell to RM 1.1. In the following two months the price per sq.feet has practically remained the same, going from RM 1.13 to RM 1.17 per sq.feet. The price per sq.feet has had a considerable rise of 121 % 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 1.15 to RM 1.39 during January, and February.
When referring to the price in Klang (cities), this has fallen in the last 6 months. The average price during our first sample month during September, is RM 3,622. During October the price went through a considerable rise reaching RM 4,789. During the following two months (November, December) the average price fell 91 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from RM 4,009.5 to RM 1,853, which means a 46 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of RM 1,792 they are 41 % more affordable than the average price for Klang . The properties with the highest average price have 1 bedroom, Their price is 138 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 1,695.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 0.93 / sq.feet, with an average RM 1.13 / sq.feet price in Klang. The properties with the most expensive average prices have 2 bedrooms. They are 84 % more expensive than the average followed by properties with 1 bedroom with a price at RM 1.73 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of RM 1,792 it is 31 % more affordable than the average price in Klang. "Link House" is seen as the second most affordable property type. The most expensive property type is "Bungalow" followed by "Terraced House". At a price of RM 13,852 it is 754 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Link House" at an average price of RM 0.85 / sq.feet followed by "Terraced House" priced at RM 1.29 / sq.feet. "Semi Detached House" is the most expensive type of property with a RM 2.13 / sq.feet value followed by "Warehouse" with an average price of RM 1.41 / sq.feet.