JALAN CHERAS
Commercial Market
Median Price
RM 1,408,000
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 2023, with a median price of RM 1.41 million and a median price per square foot (PSF) of RM 1,379.
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 1.41 million, with most transactions falling within a stable range of RM 1.33 million to RM 1.49 million, and a typical market range of RM 1.33 million to RM 1.49 million.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 1,379, though individual units vary from RM 1,093 to RM 1,664 in the core range. The broader market spans RM 1,092.50 to RM 1,664.50, indicating diverse property characteristics. The spread of RM 572.00 (IQR) and deviation of RM 286 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. 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 1,487,000
|
RM 1,664.00
|
893 sqft
|
Jun 2023
|
|
RM 1,329,000
|
RM 1,093.00
|
1,216 sqft
|
Jun 2023
|