The prices in real estate in Yong Peng, 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 Yong Peng has had a strong decrease during the last 6 months. In October, the average price per sq.feet was RM 205. In November this price pretty much remained the same at a value of RM 210 per sq.feet. The price for the following two months in (December, January) decreased 90 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 73 % 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 196.75 to RM 144 during February, and March.
Based upon to the price in Yong Peng (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is RM 321,571. During November the price went through a considerable rise reaching RM 429,556. During the following two months (December, January) the price has had an average incrementation from RM 375,563.5 to RM 428,694.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from RM 402,129 to RM 376,869 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 34 % more costly than the average price of RM 437,983 in Yong Peng. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 34 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 42 % cheaper than the average price of (RM 79 / sq.feet) in Yong Peng. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 42 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Yong Peng we can see that most expensive property type is "Agricultural Land" at a price of RM 437,983, they are 34 % more costly than the average price of (!PRECIO2!). "Agricultural Land" has the highest price. This price is 34 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Agricultural Land with an average price of RM 79 / sq.feet. "Agricultural Land" with an average cost of RM 79 / sq.feet has the lowest price and would be directed at less affluent cities.