Area Intelligence

CHERAS BUSINESS CENTRE

21 properties
Office Lot
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Median Price
RM 195,000
PSF: RM 342

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 195,000

IQR: RM 133
MAD: RM 77
RM 342 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 21 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 195K and a median price per square foot (PSF) of RM 342.

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 195K, with most transactions falling within a stable range of RM 130K to RM 345K, and a typical market range of RM 149K to RM 241K.

Within the Office Lot category, office lot dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 342, though individual units vary from RM 256 to RM 428 in the core range. The broader market spans RM 282.13 to RM 401.88, indicating diverse property characteristics. A wider spread (IQR: RM 119.75) and deviation (MAD: RM 86) 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. 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

21 properties grouped by size

400 sqft
4 units Office Lot
RM 170,000
420 sqft · RM 405.00 PSF
May 2024
RM 180,000
420 sqft · RM 429.00 PSF
Mar 2023
RM 130,000
389 sqft · RM 334.00 PSF
Jan 2023
RM 130,000
389 sqft · RM 334.00 PSF
Apr 2022
450 sqft
1 units Office Lot
RM 160,000
431 sqft · RM 372.00 PSF
Jun 2024
550 sqft
3 units Office Lot
RM 230,000
570 sqft · RM 403.00 PSF
Jan 2025
RM 140,000
527 sqft · RM 265.00 PSF
Oct 2021
RM 195,000
570 sqft · RM 342.00 PSF
Oct 2021
600 sqft
4 units Office Lot
RM 185,000
624 sqft · RM 296.00 PSF
Nov 2024
RM 195,000
581 sqft · RM 335.00 PSF
Mar 2024
RM 280,000
581 sqft · RM 482.00 PSF
Dec 2022
RM 260,000
624 sqft · RM 416.00 PSF
Jun 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
700 sqft
2 units Office Lot
RM 320,000
678 sqft · RM 472.00 PSF
Nov 2024
RM 220,000
678 sqft · RM 324.00 PSF
Nov 2023
950 sqft
1 units Office Lot
RM 400,000
926 sqft · RM 432.00 PSF
Sep 2023
1,300 sqft
1 units Office Lot
RM 850,000
1,302 sqft · RM 653.00 PSF
May 2022