Johor Bahru, Malaysia
Property prices · 2024 · Asia
Property price trend in Johor Bahru (2024–2026)
Property comparison — cities in Malaysia (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Johor Bahru |
|---|---|---|---|---|
| Johor Bahru | MYR 2,800 | MYR 1,850 | MYR 1,100 | — |
| Kuala Lumpur | MYR 8,500 | MYR 5,200 | MYR 2,200 | +203.6% |
| Penang | MYR 3,200 | MYR 2,100 | MYR 1,300 | +14.3% |
Other Asia cities (2024)
Frequently asked questions
How much does property cost in Johor Bahru in 2024?
In Johor Bahru, the average price per sqm in the city centre is MYR 2,800, and MYR 1,850 outside the centre (2024 data). Prices have risen 7.2% since 2024.
How much is rent in Johor Bahru in 2024?
A 1-bedroom apartment in Johor Bahru rents for approximately MYR 1,100 per month in 2024. A 3-bedroom apartment costs around MYR 1,750/month.
Is it better to buy or rent in Johor Bahru?
Buying and renting are roughly comparable in Johor Bahru. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 4.40%.
What are mortgage rates in Malaysia in 2024?
The average mortgage rate in Malaysia is approximately 4.40% as of 2024. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Johor Bahru?
The average property price per square metre in Johor Bahru city centre is MYR 2,800 in 2024. Outside the centre, expect to pay around MYR 1,850/sqm.