PRISMA CHERAS

PRISMA CHERAS in Kuala Lumpur, Kuala Lumpur recorded 13 subsale transactions in 2023, with a median price of RM 379K and a median price per square foot (PSF) of RM 349.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 379K, with most transactions falling within a stable range of RM 311K to RM 447K, and a typical market range of RM 335K to RM 423K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 349, with most transactions between RM 321 and RM 377. The usual range is RM 330.25 to RM 367.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 37.50 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.