The rent prices in real estate in Langkawi, in the Kedah region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Langkawi has barely changed in the last 6 months. In October, the average price per sq.feet was RM 2.44. In the following month the price per sq.feet fell to RM 2.3. In the following two months the price per sq.feet has practically remained the same, going from RM 2.37 to RM 2.45 per sq.feet. The price per sq.feet has fallen 92 % 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 2.41 to RM 2.22 during February, and March.
When referring to the price in Langkawi (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is RM 1,947. In November This price remains at RM 1,889. During the following two months (December, January) the average price had a considerable rise of 159 % 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 increased 106 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of RM 2,381 they are 38 % more affordable than the average price for Langkawi . The properties with the highest average price have 4 bedrooms, Their price is 293 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,782.
According to average price per property type in Langkawi, "" priced at RM 9,357 is 293 % more expensive than the average price (RM 2,381) in this city.