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 February, the average price per sq.feet was RM 1.13. In March this price barely changed remaining at RM 1.1 per sq.feet. In the following two months the price per sq.feet has risen 112 %, going from RM 1.12 to RM 1.25 per sq.feet. The price per sq.feet has had a considerable rise of 119 % 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 1.18 to RM 1.41 during June, and July.
When referring to the price in Klang (cities), this has risen considerably in the last 6 months. The average price during our first sample month during February, is RM 1,792. During March the price went through a considerable rise reaching RM 2,331. During the following two months (April, May) the average price had a considerable rise of 163 % 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 had a strong increase of 161 % during the last two months.
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 4,050 they are 70 % more affordable than the average price for Klang . The properties with the highest average price have 1 bedroom, Their price is 2 % more expensive than the average. After that we have properties with 4 bedrooms priced at RM 1,549.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 0.86 / sq.feet, with an average RM 1.53 / sq.feet price in Klang. The properties with the most affordable average prices have 2 bedrooms. They are 7 % more affordable than the average followed by properties with 1 bedroom with a price at RM 1.22 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of RM 4,050 it is 77 % more affordable than the average price in Klang. "" is seen as the second most affordable property type. The most affordable property is "Commercial" followed by "". At a price of RM 1,394 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of RM 1 / sq.feet followed by "Apartment" priced at RM 1.26 / sq.feet. "Apartment" is the most affordable type of property with a RM 1.26 / sq.feet value followed by "Commercial" with an average price of RM 1 / sq.feet.