Property prices for rent in Raja Uda (Penang)
The rent prices in real estate in Raja Uda, in the Penang region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Raja Uda has fallen during the last 6 months. In October, the average price per sq.feet was RM 1.15. In the following month the price per sq.feet fell to RM 1.09. In the following two months the price per sq.feet has practically remained the same, going from RM 1.12 to RM 1.13 per sq.feet. The price per sq.feet has fallen 91 % 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 1.12 to RM 1.02 during February, and March.
When referring to the price in Raja Uda (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is RM 2,050. In November This price remains at RM 1,950. During the following two months (December, January) the price has had an average rise from RM 2,000 to RM 2,112. 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 2,056 and RM 2,131 between February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of RM 2,081 they are 2 % more affordable than the average price for Raja Uda . The properties with the lowest average price have 1 bedroom, Their price is 2 % more affordable than the average. After that we have properties with 2 bedrooms priced at RM 2,029.
According to average price per property type in Raja Uda, "" priced at RM 2,029 is 2 % lower than the average price (RM 2,081) in this city.
