JALAN CHERAS
Commercial Market
Median Price
RM 854,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
21 properties
Median Price
RM 1,408,000
+33.2% CAGR
Median PSF
RM 1,378.50
+27.4% CAGR
Single Storey Semi-D
3 properties
Median Price
RM 1,450,000
-2.3% CAGR
Median PSF
RM 459.00
-2.3% CAGR
Office Lot
3 properties
Median Price
RM 519,500
-14.5% CAGR
Median PSF
RM 170.50
+8.9% CAGR
Double Storey Semi-D
1 properties
Median Price
RM 1,500,000
Median PSF
RM 443.00
4-Storey Storey Shop
1 properties
Median Price
RM 2,802,000
Median PSF
RM 2,134.00
Detached
1 properties
Median Price
RM 1,750,000
Median PSF
RM 394.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Shop/Retail Lot | 21 |
RM 1,408,000
±108K MAD
|
+33.20% |
RM 1,378.50
±99 MAD
|
+27.40% | |
| Single Storey Semi-D | 3 |
RM 1,450,000
±50K MAD
|
-2.27% |
RM 459.00
±16 MAD
|
-2.30% | |
| Office Lot | 3 |
RM 519,500
±81K MAD
|
-14.46% |
RM 170.50
±15 MAD
|
+8.90% | |
| Double Storey Semi-D | 1 |
RM 1,500,000
|
- |
RM 443.00
|
- | |
| 4-Storey Storey Shop | 1 |
RM 2,802,000
|
- |
RM 2,134.00
|
- | |
| Detached | 1 |
RM 1,750,000
|
- |
RM 394.00
|
- |
JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 855K and a median price per square foot (PSF) of RM 910.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 855K, with most transactions falling within a stable range of RM 635K to RM 1.07 million, and a typical market range of RM 718K to RM 992K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
The median PSF stands at RM 910, with core pricing between RM 747 and RM 1,073. Market pricing typically extends from RM 624.00 to RM 1,196.00, reflecting moderate variation in unit pricing. The spread of RM 572.00 (IQR) and deviation of RM 163 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
RM 635,000
|
RM 747.00
|
850 sqft
|
Jul 2022
|
|
RM 1,074,000
|
RM 1,073.00
|
1,001 sqft
|
Oct 2022
|