The prices in real estate in Sungai Mati, in the Johor region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Sungai Mati has had a strong decrease during the last 6 months. In October, the average price per sq.feet was RM 224. In the following month the price per sq.feet decreased considerably to RM 156. In the following two months the price per sq.feet has barely changed, going from RM 190 to RM 195 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 192.5 to RM 201.5 during February y March
Based upon to the price in Sungai Mati (cities), these have remained the same in the last 6 months. The average price for October is RM 434,250. During November the price had a considerable reduction till RM 359,750. During the following two months (December, January) the price has had an average incrementation from RM 397,000 to RM 453,611. 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 425,305.5 and RM 420,868 between February and March.