The rent prices in real estate in Kubang Semang, in the Penang 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 Kubang Semang has had a strong fall during the last 6 months. In September, the average price per sq.feet was RM 2.69. In the following month the price per sq.feet fell to RM 2.51. The price for the following two months in (November, December) had a considerable fall of 19 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 1.55 to during January, and February.
When referring to the price in Kubang Semang (cities), this has risen in the last 6 months. In our first sample month during September, the average price is RM 1,800. In October This price remains at RM 1,850. During the following two months (November, December) the price has had an average rise from RM 1,825 to RM 1,927. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 123 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 57 % more affordable than the average price of RM 1,372 in Kubang Semang. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 57 % more affordable than the average aforementioned.
According to average price per property type in Kubang Semang, "" priced at RM 1,372 is 57 % lower than the average price (RM 3,159) in this city.