TAMAN CHERAS (FORMERLY YULEK HEIGHTS)

TAMAN CHERAS (FORMERLY YULEK HEIGHTS) in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 530K and a median price per square foot (PSF) of RM 807.

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 530K, with most transactions falling within a stable range of RM 340K to RM 785K, and a typical market range of RM 340K to RM 950K.

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 807, though individual units vary from RM 509 to RM 1,105 in the core range. The broader market spans RM 500.50 to RM 1,113.50, indicating diverse property characteristics. A wider spread (IQR: RM 613.00) and deviation (MAD: RM 298) 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.