Area Intelligence

CHERAS BUSINESS CENTRE

22 properties
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Median Price
RM 199,000
PSF: RM 339

Residential Market

Median Price

RM 250,000

IQR: RM 54
MAD: RM 24
RM 400 PSF 12.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 198,000

IQR: RM 133
MAD: RM 77
RM 335 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 22 subsale transactions between 2021 and 2025, with a median price of RM 199K and a median price per square foot (PSF) of RM 339.

This area contains both residential and commercial properties. View 3 residential properties or 41 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 199K, with most transactions falling within a stable range of RM 173K to RM 235K, and a typical market range of RM 173K to RM 245K.

Most transactions involved office lot, with moderate diversity in property types available.

The median PSF stands at RM 339, with core pricing between RM 277 and RM 400. Market pricing typically extends from RM 278.63 to RM 398.38, reflecting moderate variation in unit pricing. The spread of RM 119.75 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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CHERAS BUSINESS CENTRE, Kuala Lumpur, Kuala Lumpur

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Transactions

22 properties found

Shop/Retail Lot
RM 178,000
570 sqft Feb 2025
RM 312.00 PSF
Office Lot
RM 230,000
570 sqft Jan 2025
RM 403.00 PSF
Office Lot
RM 256,000
635 sqft Jan 2025
RM 403.00 PSF
Office Lot
RM 185,000
624 sqft Nov 2024
RM 296.00 PSF
Service Apartment
RM 197,000
624 sqft Oct 2024
RM 316.00 PSF
Office Lot
RM 200,000
635 sqft Jun 2024
RM 315.00 PSF
Shop/Retail Lot
RM 230,000
581 sqft May 2024
RM 396.00 PSF
Office Lot
RM 195,000
581 sqft Mar 2024
RM 335.00 PSF
Office Lot
RM 195,000
635 sqft Jan 2024
RM 307.00 PSF
Shop/Retail Lot
RM 220,000
592 sqft Apr 2023
RM 372.00 PSF
Office Lot
RM 190,000
635 sqft Jan 2023
RM 299.00 PSF
Office Lot
RM 280,000
581 sqft Dec 2022
RM 482.00 PSF
Shop/Retail Lot
RM 280,000
592 sqft Dec 2022
RM 473.00 PSF
Service Apartment
RM 250,000
624 sqft Nov 2022
RM 400.00 PSF
Office Lot
RM 260,000
624 sqft Jun 2022
RM 416.00 PSF
Shop/Retail Lot
RM 173,000
581 sqft Jun 2022
RM 298.00 PSF
Service Apartment
RM 265,000
624 sqft May 2022
RM 424.00 PSF
Shop/Retail Lot
RM 198,000
624 sqft Apr 2022
RM 317.00 PSF
Office Lot
RM 190,000
635 sqft Jan 2022
RM 299.00 PSF
Shop/Retail Lot
RM 280,000
592 sqft Dec 2021
RM 473.00 PSF
Office Lot
RM 195,000
570 sqft Oct 2021
RM 342.00 PSF
Shop/Retail Lot
RM 190,000
570 sqft Oct 2021
RM 333.00 PSF