The rent prices in real estate in Pendang, in the Kedah 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 Pendang 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. In the following two months the price per sq.feet has practically remained the same, going from RM 1 to RM 1 per sq.feet. 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 1 to during March, and April.
When referring to the price in Pendang (cities), this has fallen in the last 6 months. In our first sample month during November, the average price is RM 1,831. In December This price remains at RM 1,823. In the following two months the average price has hardly changed with regard to the previous two months from RM 1,827 to RM 1,763.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from RM 1,795.25 to RM 1,533.5 in March and April.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 35 % more affordable than the average price of RM 972 in Pendang. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 35 % more affordable than the average aforementioned.
According to average price per property type in Pendang, "" priced at RM 972 is 35 % lower than the average price (RM 1,496) in this city.