The prices in real estate in Cyberjaya, in the Selangor region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cyberjaya has remained the same in the last 6 months. In June, the average price per sq.feet was RM 425. In July this price pretty much remained the same at a value of RM 421 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 423 to RM 438.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of RM 430.75 to RM 436.5 during October y November
Based upon to the price in Cyberjaya (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is RM 730,456. During July the price went through a considerable rise reaching RM 848,099. During the following two months (August, September) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 1,030,715 they are 74 % more affordable than the average price for Cyberjaya. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 458,963.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 373 / sq.feet, with an average RM 444 / sq.feet price in Cyberjaya. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 462 / sq.feet.
The graph displaying the average prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 1,030,715 it is 72 % cheaper than the average price in Cyberjaya. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of RM 1,195,592 it is 139 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of RM 393 / sq.feet followed by "Apartment" priced at RM 400 / sq.feet. "Commercial" is the most costly type of property with a RM 593 / sq.feet cost followed by "Serviced Residence" with an average price of RM 486 / sq.feet.