Property prices for rent in Petaling (Selangor)
The rent prices in real estate in Petaling, in the Selangor region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Petaling has barely changed in the last 6 months. In October, the average price per sq.feet was RM 1.98. In November this price barely changed remaining at RM 2.06 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 2.02 to RM 1.93 per sq.feet. The price per sq.feet has risen 105 % 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 1.98 to RM 2.08 during February, and March.
When referring to the price in Petaling (cities), there have hardly been any changes in the last 6 months. The average price for October is RM 3,287. During November the price had a slight fall till RM 2,809. During the following two months (December, January) the average price fell 91 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 126 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 3 bedrooms are the most affordable ones. At a price of RM 3,355 they are 41 % more affordable than the average price for Petaling . The properties with the highest average price have 1 bedroom, Their price is 198 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,133.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.07 / sq.feet, with an average RM 2.17 / sq.feet price in Petaling. The properties with the most expensive average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.51 / sq.feet.
The graph displaying the average rent prices displays the property type "Terraced House" as the most affordable one. At an cost of RM 3,355 it is 51 % more affordable than the average price in Petaling. "" is seen as the second most affordable property type. The most expensive property type is "Semi Detached House" followed by "Apartment". At a price of RM 2,121 it is 201 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Terraced House" at an average price of RM 1 / sq.feet followed by "Semi Detached House" priced at RM 2 / sq.feet. "Semi Detached House" is the most affordable type of property with a RM 2 / sq.feet value followed by "Terraced House" with an average price of RM 1 / sq.feet.
