CHERAS TRADERS SQUARE in Hulu Langat, Selangor recorded 12 subsale transactions in 2022, with a median price of RM 358K and a median price per square foot (PSF) of RM 514.
This area contains both residential and commercial properties. View 53 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 358K, with most transactions falling within a stable range of RM 308K to RM 408K, and a typical market range of RM 302K to RM 413K.
Most transactions involved service apartment, though some variety exists in the market.
For price per square foot, the median is RM 514, with most transactions between RM 482 and RM 546. The usual range is RM 485.63 to RM 541.38, showing that most units are priced quite close to each other. With an IQR of RM 55.75 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.
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.
