The prices in real estate in Johor, in the Negeri Johor region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Johor has increased during the last 6 months. In October, the average price per sq.feet was RM 392. In the following month the price per sq.feet decreased to RM 363. The price for the following two months in (December, January) had a considerable increment of 124 %. 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 423 to RM 435 during February y March
Based upon to the price in Johor (cities), this has gone up in the last 6 months. The average price for October is RM 876,286. During November the price had a slight fall till RM 822,938. During the following two months (December, January) the average price had a considerable increase of 128 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of RM 969,795.75 and RM 1,002,135 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of RM 976,125 they are 45 % more affordable than the average price for Johor. The properties with the lowest average price have 4 bedrooms, Their price is 26 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 580,898.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 396 / sq.feet, with an average RM 432 / sq.feet price in Johor. The properties with the highest average prices have 1 bedroom. They are 56 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 523 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 976,125 it is 43 % cheaper than the average price in Johor. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Warehouse" followed by "House". At a price of RM 1,496,940 it is 650 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Warehouse" at an average cost of RM 318 / sq.feet followed by "Terraced House" priced at RM 351 / sq.feet. "Condominium" is the most costly type of property with a RM 592 / sq.feet cost followed by "House" with an average price of RM 497 / sq.feet.