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 January, the average price per sq.feet was RM 368. In February this price pretty much remained the same at a value of RM 377 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 372.5 to RM 379.5 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 376 to RM 378 during May y June
Based upon to the price in Johor Bahru (cities), this has gone downing the last 6 months. The price in January is RM 716,245, rising in February till RM 785,231. During the following two months (March, April) the average price had a considerable reduction of 83 % 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 688,087 and RM 682,907.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 691,977 they are 45 % more affordable than the average price for Johor Bahru. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 459,153.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 354 / sq.feet, with an average RM 379 / sq.feet price in Johor Bahru. 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 452 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 691,977 it is 40 % 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 1,127,638 it is 106 % 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 326 / sq.feet followed by "Link House" priced at RM 330 / sq.feet. "Commercial" is the most costly type of property with a RM 540 / sq.feet cost followed by "Apartment" with an average price of RM 433 / sq.feet.