Property prices for rent in Muar (Johor)
The rent prices in real estate in Muar, in the Johor 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 Muar has barely changed in the last 6 months. In October, the average price per sq.feet was RM 1.05. In November this price barely changed remaining at RM 1.03 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 1.04 to RM 1.03 per sq.feet. The price per sq.feet has risen 110 % 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 1.03 to RM 1.13 during February, and March.
When referring to the price in Muar (cities), this has risen considerably in the last 6 months. The rent price in October is RM 1,324, rising in November till RM 1,519. During the following two months (December, January) the average price had a considerable rise of 116 % 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 1,628 they are 27 % more affordable than the average price for Muar . The properties with the highest average price have 2 bedrooms, Their price is 105 % more expensive than the average. After that we have properties with 1 bedroom priced at RM 1,194.
According to average price per property type in Muar, "" priced at RM 3,342 is 105 % more expensive than the average price (RM 1,628) in this city.
