Area Intelligence

CHERAS BUSINESS CENTRE

1 properties
6-Storey Storey Shop
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Median Price
RM 320,000
PSF: RM 450

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 320,000

IQR: RM 133
MAD: RM 77
RM 450 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 1 6-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 6-storey storey shop properties, with a median price of RM 320K and a median price per square foot (PSF) of RM 450.

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.

Within the 6-Storey Storey Shop category, office lot dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 450, with most transactions between RM 450 and RM 450. The usual range is RM 390.13 to RM 509.88, showing that most units are priced quite close to each other. With an IQR of RM 119.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CHERAS BUSINESS CENTRE, Kuala Lumpur, Kuala Lumpur

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Transactions

1 properties grouped by size

700 sqft
1 units 6-Storey Storey Shop
RM 320,000
JALAN KASKAS
710 sqft · RM 450.00 PSF
Aug 2023