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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 1
|
RM 185,000
|
RM 296
|
624 sqft
|
|
Office |
|
Level 5
|
RM 320,000
|
RM 472
|
678 sqft
|
|
Office |
|
Level 3
|
RM 197,000
|
RM 316
|
624 sqft
|
|
Serviced Apt |
|
Level 3
|
RM 160,000
|
RM 372
|
431 sqft
|
|
Office |
|
Level 5
|
RM 200,000
|
RM 315
|
635 sqft
|
|
Office |
|
Level 2
|
RM 170,000
|
RM 405
|
420 sqft
|
|
Office |
|
Level 2
|
RM 230,000
|
RM 396
|
581 sqft
|
|
Shop |
|
Level 2
|
RM 195,000
|
RM 335
|
581 sqft
|
|
Office |
|
Level 3
|
RM 195,000
|
RM 307
|
635 sqft
|
|
Office |
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Market Snapshot
CommercialRM 195,000
RM 354 psfMedian transaction price
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
MapsCheras Business Centre in Kuala Lumpur, Kuala Lumpur recorded 9 subsale transactions in 2024, with a median price of RM 195K and a median price per square foot (PSF) of RM 335.
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 160K to RM 239K, and a typical market range of RM 160K to RM 241K.
Most transactions involved office lot, with moderate diversity in property types available.
The median PSF stands at RM 335, with core pricing between RM 280 and RM 391. Market pricing typically extends from RM 274.86 to RM 396.11, reflecting moderate variation in unit pricing. The spread of RM 121.25 (IQR) and deviation of RM 55 (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.