Property Prices in Johor Bahru, Malaysia

Index Info
Price to Income Ratio: 7.01
Mortgage as Percentage of Income: 51.04%
Loan Affordability Index: 1.96
Price to Rent Ratio - City Centre: 23.38
Price to Rent Ratio - Outside of Centre: 15.30
Gross Rental Yield (City Centre): 4.28%
Gross Rental Yield (Outside of Centre): 6.54%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,600.00 RM 1,300.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,385.71 RM 900.00-1,800.00
Apartment (3 bedrooms) in City Centre 2,400.00 RM 1,200.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,185.71 RM 1,600.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 701.34 RM 450.00-929.02
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) 4,248.25 RM
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.01 3.65-4.25

These data are based on 70 entries in the past 18 months from 10 different contributors.
Last update: July 2024

Sources and References
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