TAMAN CHERAS (FORMERLY YULEK HEIGHTS)

TAMAN CHERAS (FORMERLY YULEK HEIGHTS) in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2022, with a median price of RM 672K 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 672K, with most transactions falling within a stable range of RM 1.20 million to RM 887K, and a typical market range of RM 1.20 million to RM 1.30 million.

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

The median PSF stands at RM 1,023, with core pricing between RM 860 and RM 1,187. Market pricing typically extends from RM 716.50 to RM 1,329.50, reflecting moderate variation in unit pricing. The spread of RM 613.00 (IQR) and deviation of RM 164 (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.