Labis
Sale Price (RM PSF)
Sale Price (RM per Unit)
The price of properties that falls in the 25th, Median (50th) and 75th positions based on 618 Transactions available between 2012 and 2017.
25th
25% of properties are below this price and 75% are above. Also known as 25th percentile or Lower Quartile.
Median (50th)
The middle point price of total properties sold, in which 50% of properties are below this price and 50% are above.
75th
75% of prices are below this price and 25% are above. Also known as 75th percentile or Upper Quartile.
32 Projects/Townships (618 Transactions)
Rent and Sale Prices in Labis
| Bedrooms | Sale Price | Monthly Rent | Rental Yield |
|---|---|---|---|
| 1 | -- | -- | -- |
| 2 | -- | -- | -- |
| 3 | -- | -- | -- |
| 4 | -- | -- | -- |
| 5 | -- | -- | -- |
| 1 | -- | -- | -- |
| 2 | -- | -- | -- |
| 3 | -- | -- | -- |
| 4 | 495,000 | -- | -- |
| 5 | 700,000 | -- | -- |
Price per Square Foot in Labis
| Sector | Price per ft2 (Non Landed) | Price per ft2 (Landed) |
|---|---|---|
| Area Average | -- | 1,994 |
| State Average | 218 | 2,005 |
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Overview
Labis is the second largest town located south of the Segamat district in the state of Johor.
The origin of Labis’ name was derived from the Malay word for the river terrapin. Labis began as a combination of a few Malay villages including Kampung Paya Merah, Kampung Sungai Gatom and Kampung Tenang. Labis is an agricultural town which mainly produces rubber latex and palm oil. Labis town, as well as two other small towns, namely Chaah and Bekok, was previously a resettlement area for the Chinese during the communist insurgency.
The North-South Expressway passes through Labis, as well as the Keretapi Tanah Melayu (KTM) railway line that also connects it with Johor Bahru, the state’s capital in the south. Bus services are also available in Labis.
Residents of Labis and visitors alike throng the Labis hot springs all year round. Located around 11 kilometres from Labis town, the Labis hot springs is famed as a recreational place to relax, indulge in a spot of picnicking and definitely for visitors to take warm soothing dips as a way of reaping the healing value of the natural hot spring waters.
With its thriving agricultural industry, plots of rubber and oil palm plantations are available on the market.
Note: Whilst every effort has been taken to ensure the above information is up to date, some inaccuracies may occur. If you notice any inaccuracies please contact [email protected] All information was correct at time of publication and is provided in good faith.