Area Intelligence

MAJESTIC MAXIM CHERAS

3 properties
2022
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Median Price
RM 1,313,000
PSF: RM 519

Residential Market

Median Price

RM 420,000

IQR: RM 37
MAD: RM 20
RM 530 PSF 1.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,313,000

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 3 subsale transactions in 2022, with a median price of RM 1.31 million and a median price per square foot (PSF) of RM 519.

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 1.31 million, with most transactions falling within a stable range of RM 1.29 million to RM 1.44 million, and a typical market range of RM 1.29 million to RM 1.36 million.

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

Price per square foot shows a median of RM 519, though individual units vary from RM 346 to RM 692 in the core range. The broader market spans RM 496.50 to RM 541.50, indicating diverse property characteristics. A wider spread (IQR: RM 45.00) and deviation (MAD: RM 173) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MAJESTIC MAXIM CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

3 properties grouped by size

1,800 sqft
1 units Shop/Retail Lot
RM 1,574,000
1,787 sqft · RM 881.00 PSF
Dec 2022
2,550 sqft
2 units Shop/Retail Lot
RM 1,292,000
2,530 sqft · RM 511.00 PSF
Dec 2022
RM 1,313,000
2,530 sqft · RM 519.00 PSF
Dec 2022