The prices in real estate in Johore Bharu, in the Negeri 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 Johore Bharu has remained the same in the last 6 months. In October, the average price per sq.feet was RM 434. In November this price pretty much remained the same at a value of RM 439 per sq.feet. In the following two months the price per sq.feet has barely changed, going from RM 436.5 to RM 455.5 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 446 to RM 445.5 during February y March
Based upon to the price in Johore Bharu (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is RM 571,380. In November This price remains at RM 557,466. During the following two months (December, January) the price has had an average incrementation from RM 564,423 to RM 622,760. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % 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 777,624 they are 55 % more affordable than the average price for Johore Bharu. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 2 bedrooms priced at RM 431,233.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 366 / sq.feet, with an average RM 446 / sq.feet price in Johore Bharu. The properties with the highest average prices have 1 bedroom. They are 44 % more expensive than the average followed by properties with 2 bedrooms with a price at RM 494 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 777,624 it is 74 % cheaper than the average price in Johore Bharu. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "House". At a price of RM 895,998 it is 142 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Flat" at an average cost of RM 265 / sq.feet followed by "House" priced at RM 416 / sq.feet. "Commercial" is the most costly type of property with a RM 513 / sq.feet cost followed by "Link House" with an average price of RM 479 / sq.feet.