Property prices for rent in Mid Valley City (Kuala Lumpur)

The rent prices in real estate in Mid Valley City, in the Kuala Lumpur region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.

RM 15,152.5
Average price last 6 months
RM 5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mid Valley City has fallen during the last 6 months. In September, the average price per sq.feet was RM 5.67. In the following month the price per sq.feet fell considerably to RM 4.73. The price for the following two months in (November, December) fell 93 % with regard to the previous two months. 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 5.01 to RM 4.97 during January y February

Average price

When referring to the price in Mid Valley City (cities), this has fallen considerably in the last 6 months. The average price for September is RM 24,765. During October the price had a considerable fall till RM 12,227. During the following two months (November, December) the average price had a considerable fall of 69 % with regard to the previous two months. 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 15,657.25 to RM 14,143 in January and February.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of RM 14,678 they are 75 % more affordable than the average price for Mid Valley City . The properties with the highest average price have 1 bedroom, Their price is 66 % more expensive than the average. After that we have properties with 4 bedrooms priced at RM 5,521.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of RM 1 / sq.feet, with an average RM 4.96 / sq.feet price in Mid Valley City. The properties with the most expensive average prices have 1 bedroom. They are 25 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of RM 14,678 it is 87 % more affordable than the average price in Mid Valley City. "" is seen as the second most affordable property type. The most expensive property type is "Shop Office" followed by "Commercial". At a price of RM 26,446 it is 106 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of RM 1 / sq.feet followed by "Condominium" priced at RM 2 / sq.feet. "Shop Office" is the most expensive type of property with a RM 10 / sq.feet value followed by "Commercial" with an average price of RM 5 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Mid Valley City
Number of properties used in region Kuala Lumpur
RM 14,678
RM 4.96
704
189,590
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value