CHERAS BUSINESS CENTRE

Area Intelligence
3 subsale transactions
Service Apartment
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Median Price
RM 250,000
PSF: RM 400

Residential PSF Trends

Median Price

RM 250,000

PSF: RM 400

Commercial PSF Trends

Median Price

RM 220,000

RM 396 PSF

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 3 Service Apartment properties subsale transactions between 2021 and 2025 for service apartment properties, with a median price of RM 250K and a median price per square foot (PSF) of RM 400.

This area contains both residential and commercial properties. View 3 residential properties or 41 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 250K, with most transactions falling within a stable range of RM 221K to RM 265K, and a typical market range of RM 204K to RM 265K.

Within the Service Apartment category, office lot dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 400, with core pricing between RM 354 and RM 446. Market pricing typically extends from RM 340.13 to RM 459.88, reflecting moderate variation in unit pricing. With an IQR of RM 119.75 and MAD of RM 46, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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CHERAS BUSINESS CENTRE, Kuala Lumpur, Kuala Lumpur

OSM

Transactions

3 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
600 sqft
Service Apartment
RM 197,000
Level 3
624 sqft · RM 316.00 PSF
Oct 2024
RM 250,000
Level 5
624 sqft · RM 400.00 PSF
Nov 2022
RM 265,000
Level 5
624 sqft · RM 424.00 PSF
May 2022