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 August, the average price per sq.feet was RM 441. In the following month the price per sq.feet decreased to RM 417. The price for the following two months in (October, November) decreased 88 % with regard to the prior two months. 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 402.75 to RM 373 during December, and January.
Based upon to the price in Cyberjaya (cities), this has fallen considerably in the last 6 months. The average price for August is RM 867,544. During September the price had a considerable reduction till RM 649,096. During the following two months (October, November) the average price fell 87 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from RM 710,167.5 to RM 551,273.5, which means a 78 % 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 542,930 they are 46 % more affordable than the average price for Cyberjaya. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 416,795.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 265 / sq.feet, with an average RM 452 / sq.feet price in Cyberjaya. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 469 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 542,930 it is 30 % cheaper than the average price in Cyberjaya. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 1,703,671 it is 377 % 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 242 / sq.feet followed by "Link House" priced at RM 338 / sq.feet. "Bungalow" is the most costly type of property with a RM 486 / sq.feet cost followed by "Semi Detached House" with an average price of RM 472 / sq.feet.