JALAN CHENG LOCK

Area Intelligence
2023
Median Price
RM 5,150,000
PSF: RM 4,978

Commercial PSF Trends

Median Price

RM 5,150,000

RM 4,978 PSF

JALAN CHENG LOCK in Kuala Lumpur, Kuala Lumpur recorded 1 subsale transactions in 2023, with a median price of RM 5.15 million and a median price per square foot (PSF) of RM 4,978.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 6 - 6 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 4,978, with most transactions between RM 4,978 and RM 4,978. The usual range is RM 4,579.00 to RM 5,377.00, showing that most units are priced quite close to each other. With an IQR of RM 798.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN CHENG LOCK, Kuala Lumpur, Kuala Lumpur

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