The prices in real estate in Nusajaya, 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 Nusajaya has fallen in the last 6 months. In June, the average price per sq.feet was RM 456. In the following month the price per sq.feet increased to RM 480. The price for the following two months in (August, September) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 445.5 to RM 411.5 during October, and November.
Based upon to the price in Nusajaya (cities), this has gone up in the last 6 months. The average price during our first sample month during June, is RM 837,224. During July the price went through a considerable rise reaching RM 1,198,558. During the following two months (August, September) the average price fell 89 % 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 88 %, going from RM 962,847 to RM 843,342 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of RM 865,088 they are 54 % more affordable than the average price for Nusajaya. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at RM 592,463.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of RM 379 / sq.feet, with an average RM 427 / sq.feet price in Nusajaya. 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 525 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of RM 865,088 it is 33 % cheaper than the average price in Nusajaya. "Condominium" is seen as the second most affordable property type. The dearest property type is "Bungalow" followed by "Semi Detached House". At a price of RM 1,514,049 it is 85 % 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 357 / sq.feet followed by "Link House" priced at RM 424 / sq.feet. "Condominium" is the most costly type of property with a RM 648 / sq.feet cost followed by "Apartment" with an average price of RM 552 / sq.feet.