Property Prices in Johor Bahru, Malaysia

Index Info
Price to Income Ratio: 6.64
Mortgage as Percentage of Income: 48.35%
Loan Affordability Index: 2.07
Price to Rent Ratio - City Centre: 19.13
Price to Rent Ratio - Outside of Centre: 13.05
Gross Rental Yield (City Centre): 5.23%
Gross Rental Yield (Outside of Centre): 7.66%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,780.00 RM 1,500.00-2,900.00
Apartment (1 bedroom) Outside of Centre 1,600.00 RM 1,300.00-2,000.00
Apartment (3 bedrooms) in City Centre 2,850.00 RM 2,000.00-3,900.00
Apartment (3 bedrooms) Outside of Centre 2,616.67 RM 1,700.00-3,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 655.80 RM 450.00-999.99
Price per Square Feet to Buy Apartment Outside of Centre 405.84 RM 236.00-899.99
Salaries And Financing
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Average Monthly Net Salary (After Tax) 4,300.00 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.01 3.90-4.15

These data are based on 59 entries in the past 18 months from 8 different contributors.
Last update: November 2024

Sources and References
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