The prices in real estate in Tebrau, in the Negeri Johor region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Tebrau has increased during the last 6 months. In October, the average price per sq.feet was RM 409. In November this price pretty much remained the same at a value of RM 407 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from RM 408 to RM 432.5 per sq.feet. The price per sq.feet has increased 106 % 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 420.25 to RM 444.5 during February, and March.
Based upon to the price in Tebrau (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is RM 612,200. In November This price remains at RM 616,838. In the following two months the average price has remained the same with regard to the previous two months from RM 614,519 to RM 608,497.5. 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 611,508.25 and RM 637,035 between 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 670,483 they are 60 % more affordable than the average price for Tebrau. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at RM 414,587.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of RM 336 / sq.feet, with an average RM 446 / sq.feet price in Tebrau. The properties with the highest average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at RM 419 / sq.feet.
The graph displaying the average prices displays the property type "Flat" as the most affordable one. At an cost of RM 670,483 it is 75 % cheaper than the average price in Tebrau. "Serviced Residence" is seen as the second most affordable property type. The dearest property type is "House" followed by "Link House". At a price of RM 820,974 it is 69 % 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 268 / sq.feet followed by "Terraced House" priced at RM 372 / sq.feet. "House" is the most costly type of property with a RM 478 / sq.feet cost followed by "Serviced Residence" with an average price of RM 440 / sq.feet.