JALAN CHERAS

Area Intelligence
2024
Median Price
RM 1,600,000
PSF: RM 1,652

Commercial PSF Trends

Median Price

RM 1,600,000

RM 1,652 PSF

JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2024, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 1,652.

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 1.60 million, with most transactions falling within a stable range of RM 1.53 million to RM 1.62 million, and a typical market range of RM 1.46 million to RM 1.62 million.

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

For price per square foot, the median is RM 1,652, with most transactions between RM 1,640 and RM 1,663. The usual range is RM 1,365.50 to RM 1,937.50, showing that most units are priced quite close to each other. With an IQR of RM 572.00 and MAD of RM 11, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

6 transactions grouped by size

900 sqft
Shop/Retail Lot
RM 1,435,000
Level G
883 sqft · RM 1,626 PSF
RM 1,463,000
Level G
883 sqft · RM 1,658 PSF
950 sqft
Shop/Retail Lot
RM 1,597,000
Level G
969 sqft · RM 1,649 PSF
RM 1,603,000
Level G
969 sqft · RM 1,655 PSF
1,000 sqft
Shop/Retail Lot
RM 1,620,000
Level G
980 sqft · RM 1,654 PSF
RM 1,604,000
Level G
980 sqft · RM 1,638 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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