JALAN CHERAS

JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 855K and a median price per square foot (PSF) of RM 910.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 855K, with most transactions falling within a stable range of RM 635K to RM 1.07 million, and a typical market range of RM 718K to RM 992K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 910, with core pricing between RM 747 and RM 1,073. Market pricing typically extends from RM 624.00 to RM 1,196.00, reflecting moderate variation in unit pricing. The spread of RM 572.00 (IQR) and deviation of RM 163 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.