Property prices for rent in Kuala Lumpor (Wilayah Persekutuan Kuala Lumpur)
The rent prices in real estate in Kuala Lumpor, in the Wilayah Persekutuan Kuala Lumpur 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 Kuala Lumpor has risen during the last 6 months. In October, the average price per sq.feet was RM 2.67. In November this price barely changed remaining at RM 2.69 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from RM 2.68 to RM 2.97 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of RM 2.83 to RM 2.77 during February y March
When referring to the price in Kuala Lumpor (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is RM 3,097. In November This price remains at RM 3,182. During the following two months (December, January) the price has had an average rise from RM 3,139.5 to RM 3,525. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from RM 3,332.25 to RM 3,004.5 in February and March.
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 2,997 they are 16 % more affordable than the average price for Kuala Lumpor . The properties with the highest average price have 4 bedrooms, Their price is 27 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,747.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.79 / sq.feet, with an average RM 2.8 / sq.feet price in Kuala Lumpor. The properties with the most expensive average prices have 1 bedroom. They are 41 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 3.05 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 2,997 it is 47 % more affordable than the average price in Kuala Lumpor. "Condominium" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Terraced House". At a price of RM 8,256 it is 189 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Flat" at an average price of RM 1.61 / sq.feet followed by "Commercial" priced at RM 1.66 / sq.feet. "House" is the most expensive type of property with a RM 5.7 / sq.feet value followed by "Apartment" with an average price of RM 4.1 / sq.feet.
