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 5
|
RM130,000
|
RM334
|
389 sqft
|
|
Office |
|
Level 1
|
RM195,000
|
RM503
|
388 sqft
|
|
Shop |
|
Level 2
|
RM280,000
|
RM482
|
581 sqft
|
|
Office |
|
Level 1
|
RM280,000
|
RM473
|
592 sqft
|
|
Shop |
|
Level 5
|
RM250,000
|
RM400
|
624 sqft
|
|
Serviced Apt |
|
Level 4
|
RM260,000
|
RM416
|
624 sqft
|
|
Office |
|
Level 3
|
RM173,000
|
RM298
|
581 sqft
|
|
Shop |
|
Level 5
|
RM265,000
|
RM424
|
624 sqft
|
|
Serviced Apt |
|
Level 5
|
RM198,000
|
RM317
|
624 sqft
|
|
Shop |
|
Level 1
|
RM280,000
|
RM430
|
651 sqft
|
|
Shop |
|
Level 3
|
RM190,000
|
RM299
|
635 sqft
|
|
Office |
|
Level G
|
RM850,000
|
RM653
|
1,302 sqft
|
|
Office |
|
Level G
|
RM850,000
|
RM647
|
1,313 sqft
|
|
Shop |
|
Level G
|
RM865,000
|
RM659
|
1,313 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
CommercialRM260,000
RM430 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 17 subsale transactions in 2022, with a median price of RM260K and a median price per square foot (PSF) of RM424.
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 RM260K, with most transactions falling within a stable range of RM130K to RM542K, and a typical market range of RM214K to RM306K.
Most transactions involved office lot, with moderate diversity in property types available.
Price per square foot shows a median of RM424, though individual units vary from RM264 to RM585 in the core range. The broader market spans RM363.85 to RM485.10, indicating diverse property characteristics. A wider spread (IQR: RM121.25) and deviation (MAD: RM161) 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.