Cheras Business Centre

56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM220,000
PSF
RM394
Price Size
Period
transactions middle 50% (P25–P75)
400 sqft
Office
RM180,000
Level 1
420 sqft · RM429 PSF
RM130,000
Level 5
389 sqft · RM334 PSF
450 sqft
Shop
RM180,000
Level 1
433 sqft · RM416 PSF
600 sqft
Shop
RM220,000
Level 3
592 sqft · RM372 PSF
650 sqft
Office
RM190,000
Level 3
635 sqft · RM299 PSF
RM220,000
Level 3
689 sqft · RM319 PSF
RM220,000
Level 5
678 sqft · RM324 PSF
RM320,000
Jalan Kaskas
710 sqft · RM450 PSF
950 sqft
Office
RM400,000
Level 5
926 sqft · RM432 PSF
1,050 sqft
Shop
RM1,080,000
Level LG
1,033 sqft · RM1,045 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM220,000

RM394 psf

Median transaction price

High

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Cheras Business Centre
© OpenStreetMap · CARTO

Cheras Business Centre, 56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia

Maps

Cheras Business Centre in Kuala Lumpur, Kuala Lumpur recorded 10 subsale transactions in 2023, with a median price of RM220K and a median price per square foot (PSF) of RM394.

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 RM220K, with most transactions falling within a stable range of RM130K to RM486K, and a typical market range of RM174K to RM266K.

Most transactions involved office lot, with moderate diversity in property types available.

Price per square foot shows a median of RM394, though individual units vary from RM186 to RM601 in the core range. The broader market spans RM333.02 to RM454.27, indicating diverse property characteristics. A wider spread (IQR: RM121.25) and deviation (MAD: RM208) 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.