MAJESTIC MAXIM CHERAS
Residential Market
Median Price
RM 420,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,313,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
81 properties
Median Price
RM 420,000
+6.5% CAGR
Median PSF
RM 533.00
+3.2% CAGR
Shop/Retail Lot
13 properties
Median Price
RM 1,100,500
-32.4% CAGR
Median PSF
RM 516.50
-1.0% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 81 |
RM 420,000
±10K MAD
|
+6.50% |
RM 533.00
±8 MAD
|
+3.23% | |
Shop/Retail Lot | 13 |
RM 1,100,500
±213K MAD
|
-32.37% |
RM 516.50
±3 MAD
|
-0.96% |
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 1,574,000
|
RM 881.00
|
1,787 sqft
|
Dec 2022
|
RM 1,292,000
|
RM 511.00
|
2,530 sqft
|
Dec 2022
|
||
RM 1,313,000
|
RM 519.00
|
2,530 sqft
|
Dec 2022
|