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 |
|---|
|
Level 1
|
RM 180,000
|
RM 429
|
420 sqft
|
|
|
|
Level 5
|
RM 130,000
|
RM 334
|
389 sqft
|
|
|
-
|
RM 220,000
|
RM 319
|
689 sqft
|
|
Shop |
|
-
|
RM 220,000
|
RM 324
|
678 sqft
|
|
Office |
|
Jalan Kaskas
|
RM 320,000
|
RM 450
|
710 sqft
|
|
6-Sty Shop |
|
Level LG
|
RM 1,080,000
|
RM 1,045
|
1,033 sqft
|
|
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Market Snapshot
CommercialRM 220,000
RM 394 psfMedian transaction price
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
MapsCheras Business Centre in Kuala Lumpur, Kuala Lumpur recorded 10 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 394.
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 220K, with most transactions falling within a stable range of RM 130K to RM 486K, and a typical market range of RM 174K to RM 266K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM 394, though individual units vary from RM 186 to RM 601 in the core range. The broader market spans RM 333.02 to RM 454.27, indicating diverse property characteristics. A wider spread (IQR: RM 121.25) and deviation (MAD: RM 208) indicate significant PSF variations, likely due to diverse property types or conditions.
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.