The prices in real estate in Bukit Gambir, in the Johor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bukit Gambir has had a strong decrease during the last 6 months. In October, the average price per sq.feet was RM 327. In the following month the price per sq.feet decreased to RM 281. The price for the following two months in (December, January) decreased 92 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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 291.75 to RM 251.5 during February, and March.
Based upon to the price in Bukit Gambir (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 527,426. In November This price remains at RM 502,256. During the following two months (December, January) the price has had an average incrementation from RM 514,841 to RM 562,509.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 538,675.25 and RM 542,685.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of RM 540,288 they are 16 % more expensive than the average price for Bukit Gambir. Following this ranking we find those properties with 1 at an average price of RM 628,569. The properties with the highest average price have 1 bedroom, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 625,430.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of RM 527 / sq.feet, with an average RM 248 / sq.feet price in Bukit Gambir. The properties with the highest average prices have 1 bedroom. They are 115 % more expensive than the average followed by properties with 3 bedrooms with a price at RM 527 / sq.feet.
With regard to the average price based upon the property in Bukit Gambir we can see that most expensive property type is "Apartment" at a price of RM 625,430, they are 16 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 16 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of RM 527 / sq.feet. "Apartment" at an average price of RM 527 / sq.feet has the most expensive price and would be directed at more affluent cities.