Area Intelligence

JALAN CHERAS

2 properties
2022
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Median Price
RM 1,701,000
PSF: RM 1,145

Residential Market

Median Price

RM 1,625,000

IQR: RM 25
MAD: RM 25
RM 419 PSF 12.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,701,000

IQR: RM 498
MAD: RM 16
RM 1,145 PSF 59.8%

PSF Trends (2021-2025)

JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 1,145.

This area contains both residential and commercial properties. View 2 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.70 million, with most transactions falling within a stable range of RM 600K to RM 2.80 million, and a typical market range of RM 1.20 million to RM 2.20 million.

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

Price per square foot shows a median of RM 1,145, though individual units vary from RM 156 to RM 2,134 in the core range. The broader market spans RM 1,001.00 to RM 1,289.00, indicating diverse property characteristics. A wider spread (IQR: RM 288.00) and deviation (MAD: RM 989) 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.

Area Location

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JALAN CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

2 properties grouped by size

1,300 sqft
1 units 4-Storey Storey Shop
RM 2,802,000
JLN CHERAS
1,313 sqft · RM 2,134.00 PSF
Mar 2022
3,850 sqft
1 units Office Lot
RM 600,000
3,843 sqft · RM 156.00 PSF
Oct 2022