States with the most Expensive Rental
Many are finding it tough to buy their own property, which makes their only option, should they need to move to a certain location, is to rent. But rental prices are escalating as well, and if you have a family that's tagging along, it can be just as tough. Here are some states with really high rental prices to look out for.
Selangor
With many thriving cities within Selangor such as Petaling Jaya and Damansara, it's no wonder the prices of rental here are pretty expensive. These will vary in different areas as well. For example, in Ara Damansara, renting a townhouse costs RM11,000 a month which is fully furnished and has 5 bedrooms and 7 bathrooms. A 3-storey terraced house in Selayang is being rented out at RM9,200 a month where it has 7 bedrooms and 5 bathrooms. Another expensive rental area to look out for would be Sungai Buloh where a 2-storey terraced house with 6 bedrooms and 6 bathrooms is being rented out for RM9000 a month.
That’s not to say you can’t find cheaper rentals if you're looking somewhere in the region of RM2,000 – it’s just that they wouldn’t be in areas such as Petaling Jaya, Damansara or the heart of Kuala Lumpur. Some time back, particular local newspapers ran headlines about how the Klang Valley is still affordable. These figures beg to differ. Or perhaps the definition of ‘affordable’ has changed.
Penang
Batu Ferringhi and even Georgetown can definitely be an expensive place when it comes to rental. On average, you can get a terraced house around these areas for around RM12,000-RM15,000 a month, with various stages of furnishing and with mostly 4-5 bedrooms and bathrooms. There are even other rather expensive areas such as Tanjung Tokong where a partially furnished house cost up to RM9,500 a month, and it comes with 5 bedrooms and 6 bathrooms.
Again, cheaper rentals are possible but not that much more so. Of course, be ready to stay in tiny flats either in ill-repair or overlooking cemeteries.
Johor
It's possibly a little surprising to see Johor in this list, but there are properties there that are being rented out at RM18,000 a month which is even more than the current listing in Kuala Lumpur! This one is in Jalan Pelita and it's a 3-storey house with 4 bedrooms and 4 bathrooms. A 2-storey terraced house costs up to RM15,000 a month in Skudai and it actually has 5 bedrooms and 5 bathrooms, with even more land than the other so in the end, the location plays a part when it comes to Johor. There are other areas such as Taman East Ledang where the rental price for a 2-storey terraced house costs between RM11,000-RM13,500.
This could be because of many Singaporeans or Malaysians working in Singapore choosing to live in JB and commute to the island. Singapore property prices are known to be ludicrous so the amounts above are likely a ‘steal’ in comparison.
Kuala Lumpur
While Johor is still pretty expensive, Kuala Lumpur still has the most number of expensive rentals which shouldn't be sneezed at as well, especially with units such as a 3-storey terraced houses. One 3-storey terraced house in Casaman, Desa ParkCity in Kepong can cost up to RM15,000 a month for a 5 bedroom, 4 bathroom house in a unit that is gated and guarded as well. Another is located in Ampang with a rental price of RM13,000 a month, also with 5 bedrooms and 4 bathrooms.
Some of these states being listed may not have surprised you at all, as they are well known for being expensive to live in to begin with, or are slowly being known as so. While it's still possible to find rent in these states that are affordable for flats, landed property will definitely cost a lot more. While it’s not impossible to get cheaper rent in these states, it may not be the most ideal locations or property. But with some luck, you may be able to get a good place without the high cost of rental as shown here.
This was brought you by MICHELLE BROHIER from RinggitPlus.com. RinggitPlus compares credit cards, personal loans and home loans to help Malaysians get more for their money.
