Property prices for sale in Muar (Johor)
The prices in real estate in Muar, in the Johor region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Muar has fallen in the last 6 months. In October, the average price per sq.feet was RM 279. In November this price pretty much remained the same at a value of RM 288 per sq.feet. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 274.25 to RM 247 during February, and March.
Based upon to the price in Muar (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is RM 577,063. In November This price remains at RM 567,875. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from RM 555,052.75 to RM 496,409.5 in 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 481,703 they are 53 % more affordable than the average price for Muar. The properties with the highest average price have 1 bedroom, Their price is 661 % more costly than the average. After that we have properties with 4 bedrooms priced at RM 562,889.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 195 / sq.feet, with an average RM 242 / sq.feet price in Muar. The properties with the highest average prices have 1 bedroom. They are 118 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 262 / sq.feet.
The graph displaying the average prices displays the property type "Link House" as the most affordable one. At an cost of RM 481,703 it is 13 % cheaper than the average price in Muar. "Shop" is seen as the second most affordable property type. The dearest property type is "Semi Detached House" followed by "Shop". At a price of RM 495,783 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Semi Detached House" at an average cost of RM 182 / sq.feet followed by "Shop" priced at RM 204 / sq.feet. "Link House" is the most costly type of property with a RM 263 / sq.feet cost followed by "Shop" with an average price of RM 204 / sq.feet.
