Area Intelligence

TAMAN DESA CHERAS

4 properties
2022
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Median Price
RM 335,000
PSF: RM 269

Commercial Market

Median Price

RM 335,000

IQR: RM 217
MAD: RM 28
RM 269 PSF 13.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TAMAN DESA CHERAS in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 269.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 101K to RM 582K, and a typical market range of RM 149K to RM 522K.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

Price per square foot shows a median of RM 269, though individual units vary from RM 134 to RM 403 in the core range. The broader market spans RM 160.25 to RM 376.75, indicating diverse property characteristics. A wider spread (IQR: RM 216.50) and deviation (MAD: RM 135) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TAMAN DESA CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

4 properties grouped by size

700 sqft
1 units Office Lot
RM 101,000
692 sqft · RM 146.00 PSF
Dec 2022
750 sqft
1 units Office Lot
RM 120,000
771 sqft · RM 156.00 PSF
Feb 2022
1,450 sqft
2 units Shop/Retail Lot
RM 550,000
1,442 sqft · RM 381.00 PSF
Sep 2022
RM 650,000
1,442 sqft · RM 451.00 PSF
Aug 2022