Taman Cheras (Formerly Yulek Heights)

1, Jalan Kaskas 2, Taman Cheras, 56100 Cheras, Wilayah Persekutuan Kuala Lumpur, Malaysia

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Market Snapshot

Commercial

RM 950,000

RM 1,023 psf

Median transaction price

Taman Cheras (Formerly Yulek Heights)
© OpenStreetMap · CARTO

1, Jalan Kaskas 2, Taman Cheras, 56100 Cheras, Wilayah Persekutuan Kuala Lumpur, Malaysia

Maps

Taman Cheras (Formerly Yulek Heights) in Kuala Lumpur, Kuala Lumpur recorded 0 subsale transactions in 2021, with a median price of RM 950K and a median price per square foot (PSF) of RM 1,023.

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 950K, with most transactions falling within a stable range of RM 375K to RM 1.53 million, and a typical market range of RM 320K to RM 1.58 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 1,023, though individual units vary from RM 803 to RM 1,243 in the core range. The broader market spans RM 719.50 to RM 1,326.50, indicating diverse property characteristics. The spread of RM 607.00 (IQR) and deviation of RM 220 (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.