The rent prices in real estate in Pulau Indah(pulau Lumut), in the Selangor 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 Pulau Indah(pulau Lumut) has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 1. In the following month the price per sq.feet rose considerably to RM 1.71. In the following two months the price per sq.feet has risen 113 %, going from RM 1.36 to RM 1.53 per sq.feet. The price per sq.feet has had a considerable fall of 80 % 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 1.44 to RM 1.16 during February, and March.
When referring to the price in Pulau Indah(pulau Lumut) (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is RM 13,597. During November the price went through a considerable rise reaching RM 77,043. In the following two months the average price has hardly changed with regard to the previous two months from RM 45,320 to RM 47,027. During the last two months the average price has fallen greatly compared to the previous four going from RM 46,173.5 to RM 15,053.5, which means a 33 % fall.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 29 % more affordable than the average price of RM 12,717 in Pulau Indah(pulau Lumut). Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
According to average price per property type in Pulau Indah(pulau Lumut), "" priced at RM 12,717 is 29 % lower than the average price (RM 17,950) in this city.