The rent prices in real estate in Johor Bahru, in the Johor 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 Johor Bahru has barely changed in the last 6 months. In September, the average price per sq.feet was RM 2.08. In the following month the price per sq.feet fell considerably to RM 1.73. In the following two months the price per sq.feet has risen 107 %, going from RM 1.9 to RM 2.03 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of RM 1.97 to RM 2.06 during January y February
When referring to the price in Johor Bahru (cities), this has fallen considerably in the last 6 months. The average price for September is RM 6,479. During October the price had a considerable fall till RM 2,033. During the following two months (November, December) the average price had a considerable fall of 52 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from RM 3,228.25 to RM 2,239.5, which means a 69 % fall.
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 2,113 they are 22 % more affordable than the average price for Johor Bahru . The properties with the highest average price have 4 bedrooms, Their price is 18 % more expensive than the average. After that we have properties with 2 bedrooms priced at RM 2,112.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of RM 1.43 / sq.feet, with an average RM 1.93 / sq.feet price in Johor Bahru. The properties with the most expensive average prices have 1 bedroom. They are 62 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 2.43 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of RM 2,113 it is 11 % more affordable than the average price in Johor Bahru. "Link House" is seen as the second most affordable property type. The most expensive property type is "Commercial" followed by "Condominium". At a price of RM 3,492 it is 547 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Terraced House" at an average price of RM 1.28 / sq.feet followed by "Commercial" priced at RM 1.39 / sq.feet. "House" is the most expensive type of property with a RM 2.36 / sq.feet value followed by "Link House" with an average price of RM 2.14 / sq.feet.