The rent prices in real estate in Selangor, in the Negeri 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 Selangor has barely changed in the last 6 months. In July, the average price per sq.feet was RM 1.63. In August this price barely changed remaining at RM 1.68 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 1.65 to RM 1.64 per sq.feet. The price per sq.feet has fallen 88 % 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 1.65 to RM 1.46 during November, and December.
When referring to the price in Selangor (cities), there have hardly been any changes in the last 6 months. The average price during our first sample month during July, is RM 2,832. During August the price went through a considerable rise reaching RM 4,200. During the following two months (September, October) the average price had a considerable fall of 63 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from RM 2,865.75 to RM 2,721.5 in November and December.
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 3,508 they are 62 % more affordable than the average price for Selangor . The properties with the highest average price have 1 bedroom, Their price is 297 % more expensive than the average. After that we have properties with 4 bedrooms priced at RM 1,663.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 0.81 / sq.feet, with an average RM 1.16 / sq.feet price in Selangor. The properties with the most expensive average prices have 1 bedroom. They are 84 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 1.23 / 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 3,508 it is 75 % more affordable than the average price in Selangor. "Semi Detached House" is seen as the second most affordable property type. The most expensive property type is "Link House" followed by "Bungalow". At a price of RM 2,761 it is 577 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Semi Detached House" at an average price of RM 0.91 / sq.feet followed by "Terraced House" priced at RM 0.92 / sq.feet. "Condominium" is the most expensive type of property with a RM 1.56 / sq.feet value followed by "Bungalow" with an average price of RM 1.54 / sq.feet.