The rent prices in real estate in Penang Hill, in the Penang 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 Penang Hill has risen strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (November, December) had a considerable rise of 2147483647 %. 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 0.25 to during January, and February.
When referring to the price in Penang Hill (cities), this has fallen considerably in the last 6 months. The average price for September is RM 3,572. During October the price had a considerable fall till RM 2,072. During the following two months (November, December) the average price had a considerable rise of 128 % 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 3,211.75 to RM 1,589.5, which means a 49 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 6 % more affordable than the average price of RM 1,622 in Penang Hill. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.
According to average price per property type in Penang Hill, "" priced at RM 1,622 is 6 % lower than the average price (RM 1,724) in this city.