Area Intelligence

KG CHERAS BARU

8 properties
2023
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Median Price
RM 725,000
PSF: RM 169

Residential Market

Median Price

RM 550,000

IQR: RM 72
MAD: RM 23
RM 151 PSF 7.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,250,000

IQR: RM 92
MAD: RM 92
RM 812 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KG CHERAS BARU in Kuala Lumpur, Kuala Lumpur recorded 8 subsale transactions in 2023, with a median price of RM 725K and a median price per square foot (PSF) of RM 169.

This area contains both residential and commercial properties. View 18 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 725K, with most transactions falling within a stable range of RM 385K to RM 1.10 million, and a typical market range of RM 502K to RM 948K.

Most transactions involved detached, with minimal variety in property types.

Price per square foot shows a median of RM 169, though individual units vary from RM 0 to RM 386 in the core range. The broader market spans RM 125.63 to RM 212.38, indicating diverse property characteristics. A wider spread (IQR: RM 86.75) and deviation (MAD: RM 217) 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.

Area Location

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KG CHERAS BARU, Kuala Lumpur, Kuala Lumpur

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Transactions

8 properties found

Detached JLN 24
RM 550,000
4,112 sqft Dec 2023
RM 134.00 PSF
Detached JALAN 23
RM 550,000
4,069 sqft Nov 2023
RM 135.00 PSF
3-Storey Storey Shop JLN 16
RM 1,250,000
1,539 sqft Sep 2023
RM 812.00 PSF
Detached JALAN 2
RM 1,015,000
4,000 sqft Sep 2023
RM 254.00 PSF
Detached LORONG BUKIT A7
RM 498,000
3,305 sqft Sep 2023
RM 151.00 PSF
Detached JALAN 6
RM 385,000
3,477 sqft Aug 2023
RM 111.00 PSF
Detached JALAN 20C
RM 1,500,000
7,029 sqft Apr 2023
RM 213.00 PSF
Detached JALAN 28
RM 900,000
4,801 sqft Jan 2023
RM 187.00 PSF