| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Balakong
|
RM 855,000
|
RM 311
|
2,745 sqft
|
|
|
Jalan Cheras Maju
|
RM 1,380,000
|
RM 412
|
3,348 sqft
|
|
|
Batu 11 Jalan Balakong
|
RM 2,100,000
|
RM 375
|
5,597 sqft
|
|
|
|
Batu 11 Jalan Balakong
|
RM 2,380,000
|
RM 425
|
5,597 sqft
|
|
|
Jalan SS 2/1
|
RM 2,730,000
|
RM 419
|
6,512 sqft
|
|
|
Jalan SS 2/2
|
RM 3,500,000
|
RM 349
|
10,043 sqft
|
|
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Market Snapshot
CommercialRM 2,240,000
RM 394 psfMedian transaction price
Simpang Pekan Batu 11 Lebuhraya Cheras-Kajang, 43200 Cheras, Selangor, Malaysia
MapsPekan Batu 11 in Hulu Langat, Selangor recorded 6 subsale transactions in 2023, with a median price of RM 2.24 million and a median price per square foot (PSF) of RM 394.
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 2.24 million, with most transactions falling within a stable range of RM 1.38 million to RM 3.10 million, and a typical market range of RM 1.68 million to RM 2.80 million.
Most transactions involved 4 - 4 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 394, with core pricing between RM 352 and RM 435. Market pricing typically extends from RM 200.83 to RM 586.59, reflecting moderate variation in unit pricing. With an IQR of RM 385.75 and MAD of RM 41, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.