Area Intelligence

ARTE CHERAS

3 properties
2023
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Median Price
RM 500,000
PSF: RM 534

Residential Market

Median Price

RM 500,000

IQR: RM 60
MAD: RM 26
RM 534 PSF 3.0%

PSF Trends (2021-2025)

ARTE CHERAS in Kuala Lumpur, Kuala Lumpur recorded 3 subsale transactions in 2023, with a median price of RM 500K and a median price per square foot (PSF) of RM 534.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 473K to RM 510K, and a typical market range of RM 467K to RM 510K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 534, with most transactions between RM 503 and RM 565. The usual range is RM 504.00 to RM 564.00, showing that most units are priced quite close to each other. With an IQR of RM 60.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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ARTE CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

3 properties found

Service Apartment
RM 448,000
868 sqft Nov 2023
RM 516.00 PSF
Service Apartment
RM 510,000
868 sqft Nov 2023
RM 588.00 PSF
Service Apartment
RM 500,000
936 sqft Sep 2023
RM 534.00 PSF