Area Intelligence

MAJESTIC MAXIM CHERAS

61 properties
2023
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Median Price
RM 420,000
PSF: RM 533

Residential Market

Median Price

RM 410,000

IQR: RM 37
MAD: RM 20
RM 533 PSF 1.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 888,000

IQR: RM 287
MAD: RM 35
RM 514 PSF 1.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MAJESTIC MAXIM CHERAS in Kuala Lumpur, Kuala Lumpur recorded 61 subsale transactions in 2023, with a median price of RM 420K and a median price per square foot (PSF) of RM 533.

This area contains both residential and commercial properties. View 81 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 420K, with most transactions falling within a stable range of RM 310K to RM 679K, and a typical market range of RM 378K to RM 462K.

Most transactions involved service apartment, though some variety exists in the market.

The median PSF stands at RM 533, with core pricing between RM 459 and RM 607. Market pricing typically extends from RM 510.50 to RM 555.50, reflecting moderate variation in unit pricing. With an IQR of RM 45.00 and MAD of RM 74, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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MAJESTIC MAXIM CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

61 properties found

Service Apartment
RM 360,000
657 sqft May 2023
RM 548.00 PSF
Shop/Retail Lot
RM 1,386,000
1,776 sqft May 2023
RM 780.00 PSF
Service Apartment
RM 310,000
657 sqft May 2023
RM 472.00 PSF
Service Apartment
RM 350,000
657 sqft May 2023
RM 533.00 PSF
Service Apartment
RM 420,000
818 sqft Apr 2023
RM 513.00 PSF
Service Apartment
RM 450,000
818 sqft Apr 2023
RM 550.00 PSF
Service Apartment
RM 350,000
657 sqft Apr 2023
RM 533.00 PSF
Service Apartment
RM 365,000
657 sqft Apr 2023
RM 556.00 PSF
Service Apartment
RM 340,000
657 sqft Apr 2023
RM 518.00 PSF
Service Apartment
RM 323,000
657 sqft Apr 2023
RM 492.00 PSF
Service Apartment
RM 440,000
818 sqft Mar 2023
RM 538.00 PSF