TAMAN DESA CHERAS
Commercial Market
Median Price
RM 280,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Shop/Retail Lot
7 properties
Median Price
RM 308,750
+33.4% CAGR
Median PSF
RM 259.25
+13.3% CAGR
Office Lot
5 properties
Median Price
RM 110,500
-1.7% CAGR
Median PSF
RM 151.00
-3.4% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Shop/Retail Lot | 7 |
RM 308,750
±110K MAD
|
+33.38% |
RM 259.25
±52 MAD
|
+13.33% | |
Office Lot | 5 |
RM 110,500
±1K MAD
|
-1.69% |
RM 151.00
±9 MAD
|
-3.43% |
TAMAN DESA CHERAS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 246.
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 280K, with most transactions falling within a stable range of RM 105K to RM 455K, and a typical market range of RM 105K to RM 455K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 246, though individual units vary from RM 136 to RM 356 in the core range. The broader market spans RM 137.75 to RM 354.25, indicating diverse property characteristics. A wider spread (IQR: RM 216.50) and deviation (MAD: RM 110) 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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 105,000
|
RM 136.00
|
771 sqft
|
Jan 2024
|
RM 455,000
|
RM 356.00
|
1,279 sqft
|
Jul 2024
|