The prices in real estate in Johor Bahru, in the Johor 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 Johor Bahru has remained the same in the last 6 months. In July, the average price per sq.feet was RM 382. In August this price pretty much remained the same at a value of RM 385 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 383.5 to RM 378.5 per sq.feet. 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 381 to RM 368 during November y December
Based upon to the price in Johor Bahru (cities), these have remained the same in the last 6 months. The price in July is RM 681,866, rising in August till RM 752,613. In the following two months the average price has remained the same with regard to the previous two months from RM 717,239.5 to RM 714,792. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from RM 716,015.75 to RM 642,816 in November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 661,859 they are 47 % more affordable than the average price for Johor Bahru. The properties with the lowest average price have 4 bedrooms, Their price is 12 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 421,304.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 333 / sq.feet, with an average RM 365 / sq.feet price in Johor Bahru. The properties with the highest average prices have 1 bedroom. They are 54 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 442 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 661,859 it is 38 % cheaper than the average price in Johor Bahru. "Terraced House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Semi Detached House". At a price of RM 1,138,474 it is 111 % 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 313 / sq.feet followed by "Link House" priced at RM 332 / sq.feet. "Commercial" is the most costly type of property with a RM 512 / sq.feet cost followed by "Apartment" with an average price of RM 429 / sq.feet.