The rent prices in real estate in Nilai, in the Selangor region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Nilai has fallen during the last 6 months. In November, the average price per sq.feet was RM 1.63. In December this price barely changed remaining at RM 1.64 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 1.63 to RM 1.59 per sq.feet. The price per sq.feet has had a considerable fall of 69 % 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 1.61 to RM 1.11 during March, and April.
When referring to the price in Nilai (cities), this has fallen considerably in the last 6 months. The average price for November is RM 21,760. During December the price had a considerable fall till RM 1,706. During the following two months (January, February) the average price had a considerable fall of 13 % 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 6,655 to RM 1,890, which means a 28 % fall.
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 1,780 they are 38 % more affordable than the average price for Nilai . The properties with the highest average price have 1 bedroom, Their price is 25 % more expensive than the average. After that we have properties with 4 bedrooms priced at RM 1,620.
According to average price per property type in Nilai, "" priced at RM 1,093 is 39 % lower than the average price (RM 1,780) in this city.