Property prices for rent in Wangsa Maju (Kuala Lumpur)
The rent prices in real estate in Wangsa Maju, in the Kuala Lumpur 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 Wangsa Maju has barely changed in the last 6 months. In October, the average price per sq.feet was RM 2.13. In November this price barely changed remaining at RM 2.12 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from RM 2.12 to RM 2.1 per sq.feet. The price per sq.feet has risen 110 % 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 2.11 to RM 2.32 during February, and March.
When referring to the price in Wangsa Maju (cities), this has risen in the last 6 months. In our first sample month during October, the average price is RM 2,166. In November This price remains at RM 2,066. During the following two months (December, January) the price has had an average rise from RM 2,116 to RM 2,414. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of RM 2,459 they are 30 % more affordable than the average price for Wangsa Maju . The properties with the lowest average price have 3 bedrooms, Their price is 4 % more affordable than the average. After that we have properties with 4 bedrooms priced at RM 2,329.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 2.04 / sq.feet, with an average RM 2.35 / sq.feet price in Wangsa Maju. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 2.27 / 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 2,459 it is 51 % more affordable than the average price in Wangsa Maju. "House" is seen as the second most affordable property type. The most expensive property type is "Flat" followed by "Condominium". At a price of RM 2,517 it is 102 % 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 1.37 / sq.feet followed by "Serviced Residence" priced at RM 1.61 / sq.feet. "Flat" is the most expensive type of property with a RM 3.01 / sq.feet value followed by "House" with an average price of RM 2.45 / sq.feet.
