Prima Bussiness Centre
Pekan Batu 9 Cheras, 43200 Cheras, Selangor, Malaysia
Pekan Batu 9 Cheras, 43200 Cheras, Selangor, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 220,000
|
RM 252
|
872 sqft
|
|
|
|
Level 2
|
RM 186,000
|
RM 213
|
872 sqft
|
|
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Market Snapshot
CommercialRM 186,000
RM 230 psfMedian transaction price
Pekan Batu 9 Cheras, 43200 Cheras, Selangor, Malaysia
MapsPrima Bussiness Centre in Hulu Langat, Selangor recorded 3 subsale transactions in 2023, with a median price of RM 186K and a median price per square foot (PSF) of RM 230.
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 186K, with most transactions falling within a stable range of RM 168K to RM 208K, and a typical market range of RM 168K to RM 220K.
Most transactions involved office lot, though some variety exists in the market.
For price per square foot, the median is RM 230, with most transactions between RM 214 and RM 246. The usual range is RM 201.02 to RM 258.02, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 16, 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.