Cheras Business Centre
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Property Type
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 1
|
RM 280,000
|
RM 473
|
592 sqft
|
|
Shop |
|
Level 3
|
RM 140,000
|
RM 265
|
527 sqft
|
|
Office |
|
Level 5
|
RM 195,000
|
RM 342
|
570 sqft
|
|
Office |
|
Level 3
|
RM 190,000
|
RM 333
|
570 sqft
|
|
Shop |
|
Level 2
|
RM 300,000
|
RM 418
|
717 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 195,000
RM 342 psfMedian transaction price
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
MapsCheras Business Centre in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2021, with a median price of RM 195K and a median price per square foot (PSF) of RM 342.
This area contains both residential and commercial properties. View 3 residential properties or 45 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 195K, with most transactions falling within a stable range of RM 140K to RM 255K, and a typical market range of RM 149K to RM 241K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 342, though individual units vary from RM 270 to RM 414 in the core range. The broader market spans RM 281.19 to RM 402.44, indicating diverse property characteristics. The spread of RM 121.25 (IQR) and deviation of RM 72 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.