Area Intelligence

TAMAN DESA CHERAS

2 properties
2024
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Median Price
RM 280,000
PSF: RM 246

Commercial Market

Median Price

RM 280,000

IQR: RM 217
MAD: RM 28
RM 246 PSF 13.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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TAMAN DESA CHERAS, Kuala Lumpur, Kuala Lumpur

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Transactions

2 properties grouped by size

750 sqft
1 units Shop/Retail Lot
RM 105,000
771 sqft · RM 136.00 PSF
Jan 2024
1,300 sqft
1 units Shop/Retail Lot
RM 455,000
1,279 sqft · RM 356.00 PSF
Jul 2024