The rent prices in real estate in Serdang, 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 Serdang has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 0.95. In the following month the price per sq.feet rose to RM 1.05. The price for the following two months in (December, January) had a considerable rise of 122 %. The price per sq.feet has had a considerable rise of 145 % 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 1.11 to RM 1.62 during February, and March.
When referring to the price in Serdang (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is RM 2,506. During November the price went through a considerable rise reaching RM 3,118. During the following two months (December, January) the average price had a considerable fall of 71 % 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 162 % 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 4,606 they are 67 % more affordable than the average price for Serdang . The properties with the highest average price have 2 bedrooms, Their price is 159 % more expensive than the average. After that we have properties with 1 bedroom priced at RM 9,157.
With regard to the average prices per sq.feet those properties with 1 bedroom are 41 % more affordable than the average price of (RM 1 / sq.feet) in Serdang. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 41 % more affordable than the average value aforementioned.
According to average price per property type in Serdang, "" priced at RM 7,136 is 55 % more expensive than the average price (RM 4,606) in this city.