The rent prices in real estate in Pekan, in the Negeri Pahang region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Pekan has had a strong fall during the last 6 months. In November, the average price per sq.feet was RM 1. In December this price barely changed remaining at RM 1 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 50 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 0.75 to during March, and April.
When referring to the price in Pekan (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is RM 1,855. In December This price remains at RM 1,881. In the following two months the average price has hardly changed with regard to the previous two months from RM 1,868 to RM 1,917.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of RM 1,892.75 and RM 1,858 between March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 67 % more affordable than the average price of RM 586 in Pekan. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 67 % more affordable than the average aforementioned.
According to average price per property type in Pekan, "" priced at RM 586 is 67 % lower than the average price (RM 1,782) in this city.