Area Intelligence

JALAN CHERAS

17 properties
2024
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Median Price
RM 1,516,000
PSF: RM 1,477

Commercial Market

Median Price

RM 1,516,000

IQR: RM 572
MAD: RM 353
RM 1,477 PSF 27.4%

PSF Trends (2021-2025)

JALAN CHERAS in Kuala Lumpur, Kuala Lumpur recorded 17 subsale transactions in 2024, with a median price of RM 1.52 million and a median price per square foot (PSF) of RM 1,477.

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 1.52 million, with most transactions falling within a stable range of RM 1.28 million to RM 1.92 million, and a typical market range of RM 1.38 million to RM 1.65 million.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

The median PSF stands at RM 1,477, with core pricing between RM 1,200 and RM 1,754. Market pricing typically extends from RM 1,191.00 to RM 1,763.00, reflecting moderate variation in unit pricing. The spread of RM 572.00 (IQR) and deviation of RM 277 (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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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JALAN CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

17 properties grouped by size

900 sqft
2 units Shop/Retail Lot
RM 1,435,000
883 sqft · RM 1,626.00 PSF
Feb 2024
RM 1,463,000
883 sqft · RM 1,658.00 PSF
Feb 2024
950 sqft
2 units Shop/Retail Lot
RM 1,597,000
969 sqft · RM 1,649.00 PSF
Mar 2024
RM 1,603,000
969 sqft · RM 1,655.00 PSF
Feb 2024
1,000 sqft
2 units Shop/Retail Lot
RM 1,620,000
980 sqft · RM 1,654.00 PSF
Apr 2024
RM 1,604,000
980 sqft · RM 1,638.00 PSF
Feb 2024
1,050 sqft
1 units Shop/Retail Lot
RM 1,730,000
1,066 sqft · RM 1,623.00 PSF
Feb 2024
1,150 sqft
1 units Shop/Retail Lot
RM 1,283,000
1,173 sqft · RM 1,094.00 PSF
Feb 2024
1,200 sqft
1 units Shop/Retail Lot
RM 1,318,000
1,206 sqft · RM 1,093.00 PSF
Feb 2024
1,250 sqft
2 units Shop/Retail Lot
RM 1,336,000
1,259 sqft · RM 1,061.00 PSF
Oct 2024
RM 1,323,000
1,249 sqft · RM 1,060.00 PSF
Feb 2024
1,300 sqft
1 units Shop/Retail Lot
RM 1,371,000
1,292 sqft · RM 1,061.00 PSF
Apr 2024
1,350 sqft
1 units Shop/Retail Lot
RM 2,246,000
1,345 sqft · RM 1,669.00 PSF
Feb 2024
1,400 sqft
3 units Shop/Retail Lot
RM 1,495,000
1,389 sqft · RM 1,077.00 PSF
Mar 2024
RM 1,516,000
1,378 sqft · RM 1,100.00 PSF
Feb 2024
RM 1,516,000
1,389 sqft · RM 1,092.00 PSF
Feb 2024
2,000 sqft
1 units Shop/Retail Lot
RM 2,958,000
2,002 sqft · RM 1,477.00 PSF
Feb 2024