Cheras Business Centre
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
56100 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM140,000
|
RM265
|
527 sqft
|
|
Office |
|
Level 5
|
RM195,000
|
RM342
|
570 sqft
|
|
Office |
|
Level 3
|
RM190,000
|
RM333
|
570 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
CommercialRM195,000
RM342 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 in 2021, with a median price of RM195K and a median price per square foot (PSF) of RM342.
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 RM195K, with most transactions falling within a stable range of RM140K to RM255K, and a typical market range of RM149K to RM241K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM342, though individual units vary from RM270 to RM414 in the core range. The broader market spans RM281.19 to RM402.44, indicating diverse property characteristics. The spread of RM121.25 (IQR) and deviation of RM72 (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.