The rent prices in real estate in Taman Tun Dr Ismail, in the Kuala Lumpur 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 Taman Tun Dr Ismail has risen strongly during the last 6 months. In October, the average price per sq.feet was RM 2.91. In November this price barely changed remaining at RM 2.9 per sq.feet. The price for the following two months in (December, January) had a considerable rise of 140 %. The price per sq.feet has had a considerable rise of 123 % 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 3.48 to RM 4.27 during February, and March.
When referring to the price in Taman Tun Dr Ismail (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is RM 5,383. During November the price went through a considerable rise reaching RM 6,266. During the following two months (December, January) the average price had a considerable rise of 221 % 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 132 % 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 11,265 they are 76 % more affordable than the average price for Taman Tun Dr Ismail . 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 4,370.
According to average price per property type in Taman Tun Dr Ismail, "" priced at RM 23,945 is 113 % more expensive than the average price (RM 11,265) in this city.