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 grouped by size

1,550 sqft
1 units 3-Storey Storey Shop
RM 1,250,000
JLN 16
1,539 sqft · RM 812.00 PSF
Sep 2023
3,300 sqft
1 units Detached
RM 498,000
LORONG BUKIT A7
3,305 sqft · RM 151.00 PSF
Sep 2023
3,500 sqft
1 units Detached
RM 385,000
JALAN 6
3,477 sqft · RM 111.00 PSF
Aug 2023
4,000 sqft
1 units Detached
RM 1,015,000
JALAN 2
4,000 sqft · RM 254.00 PSF
Sep 2023
4,050 sqft
1 units Detached
RM 550,000
JALAN 23
4,069 sqft · RM 135.00 PSF
Nov 2023
4,100 sqft
1 units Detached
RM 550,000
JLN 24
4,112 sqft · RM 134.00 PSF
Dec 2023
4,800 sqft
1 units Detached
RM 900,000
JALAN 28
4,801 sqft · RM 187.00 PSF
Jan 2023
7,050 sqft
1 units Detached
RM 1,500,000
JALAN 20C
7,029 sqft · RM 213.00 PSF
Apr 2023