Property prices for rent in Narawang (Sabah)
The rent prices in real estate in Narawang, in the Sabah region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Narawang has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 1.09. In November this price barely changed remaining at RM 1.12 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 126 %. 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 1.25 to RM 1.24 during February y March
When referring to the price in Narawang (cities), this has risen considerably in the last 6 months. The average price for October is RM 2,240. During November the price had a considerable fall till RM 1,881. During the following two months (December, January) the average price had a considerable rise of 486 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from RM 6,035.25 to RM 3,297.5, which means a 55 % fall.
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 3,296 they are 82 % more affordable than the average price for Narawang . The properties with the lowest average price have 4 bedrooms, Their price is 42 % more affordable than the average. After that we have properties with 2 bedrooms priced at RM 1,638.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.13 / sq.feet, with an average RM 1.25 / sq.feet price in Narawang. The properties with the most expensive average prices have 2 bedrooms. They are 74 % more expensive than the average followed by properties with 1 bedroom with a price at RM 1.77 / sq.feet.
The graph displaying the average rent prices displays the property type "Commercial" as the most affordable one. At an cost of RM 3,296 it is 59 % more affordable than the average price in Narawang. "Warehouse" is seen as the second most affordable property type. The most expensive property type is "Terraced House" followed by "Apartment". At a price of RM 3,250 it is 627 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condominium" at an average price of RM 0.85 / sq.feet followed by "House" priced at RM 1.09 / sq.feet. "Apartment" is the most expensive type of property with a RM 1.79 / sq.feet value followed by "Terraced House" with an average price of RM 1.47 / sq.feet.
