The prices in real estate in Cyberjaya, in the Selangor region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Cyberjaya has fallen in the last 6 months. In March, the average price per sq.feet was RM 477. In the following month the price per sq.feet decreased to RM 435. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. 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 441 to RM 450.5 during July y August
Based upon to the price in Cyberjaya (cities), this has fallen considerably in the last 6 months. The average price for March is RM 955,524. During April the price had a slight fall till RM 865,518. During the following two months (May, June) the average price had a considerable reduction of 77 % 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 gone up 110 % 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 867,544 they are 66 % more affordable than the average price for Cyberjaya. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 488,445.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 369 / sq.feet, with an average RM 441 / sq.feet price in Cyberjaya. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 488 / sq.feet.
The graph displaying the average prices displays the property type "Condominium" as the most affordable one. At an cost of RM 867,544 it is 63 % cheaper than the average price in Cyberjaya. "Apartment" is seen as the second most affordable property type. The dearest property type is "Vacant Land" followed by "Bungalow". At a price of RM 2,462,631 it is 243 % 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 385 / sq.feet followed by "Semi Detached House" priced at RM 404 / sq.feet. "Vacant Land" is the most costly type of property with a RM 8,862 / sq.feet cost followed by "Bungalow" with an average price of RM 491 / sq.feet.