Area Intelligence

JALAN CHENG LOCK

3 properties
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Median Price
RM 5,150,000
PSF: RM 4,978

Commercial Market

Median Price

RM 5,150,000

IQR: RM 798
MAD: RM 570
RM 4,978 PSF 4.6%

PSF Trends (2021-2025)

JALAN CHENG LOCK in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 5.15 million and a median price per square foot (PSF) of RM 4,978.

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 5.15 million, with most transactions falling within a stable range of RM 4.50 million to RM 5.80 million, and a typical market range of RM 4.50 million to RM 6.15 million.

Most transactions involved 3 - 3 1/2 storey shop, with high diversity across multiple property types.

The median PSF stands at RM 4,978, with core pricing between RM 4,408 and RM 5,548. Market pricing typically extends from RM 4,579.00 to RM 5,377.00, reflecting moderate variation in unit pricing. With an IQR of RM 798.00 and MAD of RM 570, 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.

Area Location

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JALAN CHENG LOCK, Kuala Lumpur, Kuala Lumpur

OSM

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Transactions

3 properties grouped by size

1,000 sqft
1 units 3-Storey Storey Shop
RM 4,500,000
JLN CHENG LOCK
1,021 sqft · RM 4,408.00 PSF
Apr 2024
1,050 sqft
1 units 4-Storey Storey Shop
RM 5,150,000
JLN CHENG LOCK
1,035 sqft · RM 4,978.00 PSF
Jan 2023
1,400 sqft
1 units 6-Storey Storey Shop
RM 8,500,000
JLN CHENG LOCK
1,416 sqft · RM 6,004.00 PSF
Apr 2024