TAMAN CHERAS UTAMA
Commercial Market
Median Price
RM 330,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
4 properties
Median Price
RM 350,000
-2.9% CAGR
Median PSF
RM 241.00
-5.8% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 1,320,000
Median PSF
RM 705.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Shop/Retail Lot | 4 |
RM 350,000
±20K MAD
|
-2.90% |
RM 241.00
±14 MAD
|
-5.77% | |
| 3-Storey Storey Shop | 1 |
RM 1,320,000
|
- |
RM 705.00
|
- |
TAMAN CHERAS UTAMA in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2023, with a median price of RM 330K and a median price per square foot (PSF) of RM 214.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
For price per square foot, the median is RM 214, with most transactions between RM 214 and RM 214. The usual range is RM 193.50 to RM 234.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 41.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.
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 330,000
|
RM 214.00
|
1,539 sqft
|
Sep 2023
|
||
|
RM 330,000
|
RM 214.00
|
1,539 sqft
|
Jun 2023
|