Area Intelligence

MAJESTIC MAXIM CHERAS

29 properties
2024
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Median Price
RM 420,000
PSF: RM 525

Residential Market

Median Price

RM 420,000

IQR: RM 37
MAD: RM 20
RM 525 PSF 1.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,024,000

IQR: RM 287
MAD: RM 35
RM 519 PSF 1.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

MAJESTIC MAXIM CHERAS in Kuala Lumpur, Kuala Lumpur recorded 29 subsale transactions in 2024, with a median price of RM 420K and a median price per square foot (PSF) of RM 525.

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 384K to RM 456K, and a typical market range of RM 378K to RM 462K.

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

For price per square foot, the median is RM 525, with most transactions between RM 489 and RM 561. The usual range is RM 502.50 to RM 547.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 45.00 and an average deviation (MAD) of RM 36 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. 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

29 properties grouped by size

650 sqft
5 units Service Apartment
RM 378,000
657 sqft · RM 576.00 PSF
Jul 2024
RM 345,000
657 sqft · RM 525.00 PSF
Jun 2024
RM 345,000
657 sqft · RM 525.00 PSF
May 2024
RM 350,000
657 sqft · RM 533.00 PSF
Mar 2024
RM 390,000
657 sqft · RM 594.00 PSF
Feb 2024
800 sqft
24 units (showing 6) Service Apartment
RM 433,000
818 sqft · RM 529.00 PSF
Sep 2024
RM 413,000
818 sqft · RM 505.00 PSF
Aug 2024
RM 360,000
818 sqft · RM 440.00 PSF
Aug 2024
RM 430,000
818 sqft · RM 526.00 PSF
Aug 2024
RM 475,000
818 sqft · RM 581.00 PSF
Jul 2024
RM 400,000
818 sqft · RM 489.00 PSF
Jul 2024