Cheras Business Centre
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Property Type
| LIST.MY · Cheras Business Centre | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Level 2
|
RM170,000
|
RM405
|
420 sqft
|
|
Office |
| 2023 | |||||
|
Level 1
|
RM180,000
|
RM429
|
420 sqft
|
|
Office |
|
Level 5
|
RM130,000
|
RM334
|
389 sqft
|
|
Office |
| 2022 | |||||
|
Level 5
|
RM130,000
|
RM334
|
389 sqft
|
|
Office |
|
Level 1
|
RM195,000
|
RM503
|
388 sqft
|
|
Shop |
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Cheras Business Centre
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
CommercialRM170,000
RM405 psfMedian transaction price
Does CHERAS BUSINESS CENTRE rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
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Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
MapsCheras Business Centre in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions between 2021 and 2026, sized between 375 and 424 sqft, with a median price of RM170K and a median price per square foot (PSF) of RM405.
This area contains both residential and commercial properties. View 3 residential properties or 45 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM170K, with most transactions falling within a stable range of RM143K to RM195K, and a typical market range of RM130K to RM195K.
Most transactions involved office lot, with moderate diversity in property types available.
The median PSF stands at RM405, with core pricing between RM341 and RM468. Market pricing typically extends from RM344.34 to RM465.59, reflecting moderate variation in unit pricing. The spread of RM121.25 (IQR) and deviation of RM64 (MAD) suggest moderate price variations reflecting different property features.
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.