The rent prices in real estate in Ulu Langat, in the Selangor 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 Ulu Langat has fallen during the last 6 months. In August, the average price per sq.feet was RM 1.44. In the following month the price per sq.feet fell to RM 1.3. In the following two months the price per sq.feet has practically remained the same, going from RM 1.37 to RM 1.38 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 1.38 to RM 1.25 during December, and January.
When referring to the price in Ulu Langat (cities), this has fallen considerably in the last 6 months. The average price for August is RM 2,757. During September the price had a slight fall till RM 2,476. In the following two months the average price has hardly changed with regard to the previous two months from RM 2,616.5 to RM 2,512. During the last two months the average price has fallen greatly compared to the previous four going from RM 2,564.25 to RM 1,466.5, which means a 57 % fall.
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 1,491 they are 19 % more affordable than the average price for Ulu Langat . The properties with the highest average price have 1 bedroom, Their price is 106 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,956.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.06 / sq.feet, with an average RM 1.36 / sq.feet price in Ulu Langat. The properties with the most expensive average prices have 2 bedrooms. They are 140 % more expensive than the average followed by properties with 1 bedroom with a price at RM 2.09 / sq.feet.
The graph displaying the average rent prices displays the property type "Residential House" as the most affordable one. At an cost of RM 1,491 it is 1 % more affordable than the average price in Ulu Langat. "Terraced House" is seen as the second most affordable property type. The most expensive property type is "Link House" followed by "Condominium". At a price of RM 3,439 it is 851 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Commercial" at an average price of RM 1.12 / sq.feet followed by "Link House" priced at RM 1.18 / sq.feet. "Condominium" is the most expensive type of property with a RM 1.98 / sq.feet value followed by "Apartment" with an average price of RM 1.94 / sq.feet.