Area Intelligence

JALAN CHERAS

5 properties
2024
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Median Price
RM 1,200,000
PSF: RM 379

Residential Market

Median Price

RM 1,500,000

IQR: RM 25
MAD: RM 25
RM 443 PSF 12.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 439,000

IQR: RM 498
MAD: RM 16
RM 185 PSF 59.8%

PSF Trends (2021-2025)

JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2024, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 379.

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 1.20 million, with most transactions falling within a stable range of RM 695K to RM 1.60 million, and a typical market range of RM 700K to RM 1.60 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 379, though individual units vary from RM 246 to RM 512 in the core range. The broader market spans RM 235.00 to RM 523.00, indicating diverse property characteristics. A wider spread (IQR: RM 288.00) and deviation (MAD: RM 133) 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

5 properties grouped by size

2,350 sqft
2 units Office Lot
RM 434,000
2,368 sqft · RM 183.00 PSF
May 2024
RM 444,000
2,368 sqft · RM 187.00 PSF
May 2024
3,150 sqft
2 units Single Storey Semi-D
RM 1,200,000
JALAN KELIAN
3,169 sqft · RM 379.00 PSF
Aug 2024
RM 1,600,000
JALAN KELIAN
3,158 sqft · RM 507.00 PSF
Jan 2024
3,400 sqft
1 units Double Storey Semi-D
RM 1,500,000
JALAN LOMBONG
3,387 sqft · RM 443.00 PSF
Jun 2024