Area Intelligence

JALAN CHENG LOCK

1 properties
3-Storey Storey Shop
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Median Price
RM 4,500,000
PSF: RM 4,408

Commercial Market

Median Price

RM 4,500,000

IQR: RM 798
MAD: RM 570
RM 4,408 PSF 4.6%

PSF Trends (2021-2025)

JALAN CHENG LOCK in Kuala Lumpur, Kuala Lumpur recorded 1 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 4.50 million and a median price per square foot (PSF) of RM 4,408.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 4,408, with most transactions between RM 4,408 and RM 4,408. The usual range is RM 4,009.00 to RM 4,807.00, showing that most units are priced quite close to each other. With an IQR of RM 798.00 and MAD of RM 0, 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

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Transactions

1 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