Prima Bussiness Centre
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2021 | |||||
|
Level 2
|
RM 140,000
|
RM 161
|
872 sqft
|
|
Office |
|
Level MZ
|
RM 380,000
|
RM 275
|
1,381 sqft
|
|
Office |
|
Level G
|
RM 760,000
|
RM 598
|
1,270 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 380,000
RM 275 psfMedian transaction price
Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
MapsPrima Bussiness Centre in Hulu Langat, Selangor recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 380K and a median price per square foot (PSF) of RM 275.
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 380K, with most transactions falling within a stable range of RM 140K to RM 620K, and a typical market range of RM 225K to RM 535K.
Most transactions involved office lot, though some variety exists in the market.
Price per square foot shows a median of RM 275, though individual units vary from RM 161 to RM 389 in the core range. The broader market spans RM 165.91 to RM 384.41, indicating diverse property characteristics. A wider spread (IQR: RM 218.50) and deviation (MAD: RM 114) 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.