The rent prices in real estate in Kuala Kangsar, in the Perak 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 Kuala Kangsar has had a strong fall during the last 6 months. In November, the average price per sq.feet was RM 1. In the following month the price per sq.feet fell considerably to RM 0.76. In the following two months the price per sq.feet has practically remained the same, going from RM 0.88 to RM 0.88 per sq.feet. The price per sq.feet has had a considerable fall of 38 % 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 0.88 to RM 0.34 during March, and April.
When referring to the price in Kuala Kangsar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is RM 5,174. During December the price went through a considerable rise reaching RM 14,567. In the following two months the average price has hardly changed with regard to the previous two months from RM 9,870.5 to RM 9,662.5. 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 9,766.5 and RM 9,954.5 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 80 % more affordable than the average price of RM 1,107 in Kuala Kangsar. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 80 % more affordable than the average aforementioned.
According to average price per property type in Kuala Kangsar, "" priced at RM 1,107 is 80 % lower than the average price (RM 5,509) in this city.