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 November, the average price per sq.feet was RM 391. In the following month the price per sq.feet increased to RM 438. In the following two months the price per sq.feet has barely changed, going from RM 414.5 to RM 415 per sq.feet. The price per sq.feet has decreased 93 % 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 414.75 to RM 385.5 during March, and April.
Based upon to the price in Cyberjaya (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is RM 803,975. During December the price went through a considerable rise reaching RM 1,108,665. In the following two months the average price has remained the same with regard to the previous two months from RM 956,320 to RM 913,655.5. During the last two months the average price has had a strong fall compared to the previous four going from RM 934,987.75 to RM 761,164.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 766,908 they are 64 % more affordable than the average price for Cyberjaya. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 421,868.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 335 / sq.feet, with an average RM 402 / sq.feet price in Cyberjaya. The properties with the highest average prices have 1 bedroom. They are 27 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 426 / sq.feet.
The graph displaying the average prices displays the property type "Serviced Residence" as the most affordable one. At an cost of RM 766,908 it is 61 % cheaper than the average price in Cyberjaya. "Apartment" is seen as the second most affordable property type. The dearest property type is "Semi Detached House" followed by "Link House". At a price of RM 909,132 it is 117 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Terraced House" at an average cost of RM 269 / sq.feet followed by "Link House" priced at RM 362 / sq.feet. "Serviced Residence" is the most costly type of property with a RM 502 / sq.feet cost followed by "Semi Detached House" with an average price of RM 498 / sq.feet.