CHERAS BUSINESS CENTRE

CHERAS BUSINESS CENTRE in Kuala Lumpur, Kuala Lumpur recorded 10 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 394.

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 220K, with most transactions falling within a stable range of RM 130K to RM 486K, and a typical market range of RM 174K to RM 266K.

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

Price per square foot shows a median of RM 394, though individual units vary from RM 186 to RM 602 in the core range. The broader market spans RM 334.13 to RM 453.88, indicating diverse property characteristics. A wider spread (IQR: RM 119.75) and deviation (MAD: RM 208) 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. Limited transaction history suggests carefully evaluating comparable sales data.