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 grouped by size

550 sqft
4 units
RM 178,000
Shop/Retail Lot
570 sqft · RM 312.00 PSF
Feb 2025
RM 230,000
Office Lot
570 sqft · RM 403.00 PSF
Jan 2025
RM 195,000
Office Lot
570 sqft · RM 342.00 PSF
Oct 2021
RM 190,000
Shop/Retail Lot
570 sqft · RM 333.00 PSF
Oct 2021
600 sqft
13 units (showing 6)
RM 185,000
Office Lot
624 sqft · RM 296.00 PSF
Nov 2024
RM 197,000
Service Apartment
624 sqft · RM 316.00 PSF
Oct 2024
RM 230,000
Shop/Retail Lot
581 sqft · RM 396.00 PSF
May 2024
RM 195,000
Office Lot
581 sqft · RM 335.00 PSF
Mar 2024
RM 220,000
Shop/Retail Lot
592 sqft · RM 372.00 PSF
Apr 2023
RM 280,000
Office Lot
581 sqft · RM 482.00 PSF
Dec 2022
650 sqft
5 units Office Lot
RM 256,000
635 sqft · RM 403.00 PSF
Jan 2025
RM 200,000
635 sqft · RM 315.00 PSF
Jun 2024
RM 195,000
635 sqft · RM 307.00 PSF
Jan 2024
RM 190,000
635 sqft · RM 299.00 PSF
Jan 2023
RM 190,000
635 sqft · RM 299.00 PSF
Jan 2022