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 August, the average price per sq.feet was RM 381. In the following month the price per sq.feet decreased considerably to RM 322. In the following two months the price per sq.feet has increased 113 %, going from RM 351.5 to RM 397.5 per sq.feet. The price per sq.feet has increased 113 % 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 374.5 to RM 421.5 during December, and January.
Based upon to the price in Cyberjaya (cities), this has gone up in the last 6 months. The average price for August is RM 788,557. During September the price had a considerable reduction till RM 603,933. During the following two months (October, November) the average price had a considerable increase of 125 % 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 128 % 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 896,768 they are 68 % more affordable than the average price for Cyberjaya. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 497,558.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 293 / sq.feet, with an average RM 405 / sq.feet price in Cyberjaya. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 447 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 896,768 it is 63 % 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 1,713,561 it is 252 % 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 284 / sq.feet followed by "Link House" priced at RM 370 / sq.feet. "Bungalow" is the most costly type of property with a RM 561 / sq.feet cost followed by "Semi Detached House" with an average price of RM 507 / sq.feet.