Area Intelligence

CHERAS TRADERS SQUARE

12 properties
2022
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Median Price
RM 357,500
PSF: RM 514

Residential Market

Median Price

RM 355,000

IQR: RM 55
MAD: RM 11
RM 511 PSF 8.4%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,950,000

IQR: RM 70
MAD: RM 52
RM 1,917 PSF 3.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS TRADERS SQUARE in Hulu Langat, Selangor recorded 12 subsale transactions in 2022, with a median price of RM 358K and a median price per square foot (PSF) of RM 514.

This area contains both residential and commercial properties. View 53 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 358K, with most transactions falling within a stable range of RM 270K to RM 1.08 million, and a typical market range of RM 302K to RM 413K.

Most transactions involved service apartment, though some variety exists in the market.

Price per square foot shows a median of RM 514, though individual units vary from RM 127 to RM 900 in the core range. The broader market spans RM 485.63 to RM 541.38, indicating diverse property characteristics. A wider spread (IQR: RM 55.75) and deviation (MAD: RM 386) 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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CHERAS TRADERS SQUARE, Hulu Langat, Selangor

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Transactions

12 properties grouped by size

550 sqft
5 units Service Apartment
RM 270,000
549 sqft · RM 492.00 PSF
Sep 2022
RM 270,000
549 sqft · RM 492.00 PSF
Aug 2022
RM 270,000
549 sqft · RM 492.00 PSF
Jun 2022
RM 270,000
549 sqft · RM 492.00 PSF
Jun 2022
RM 270,000
549 sqft · RM 492.00 PSF
Feb 2022
600 sqft
3 units Service Apartment
RM 360,000
583 sqft · RM 618.00 PSF
Dec 2022
RM 360,000
604 sqft · RM 596.00 PSF
Dec 2022
RM 355,000
603 sqft · RM 589.00 PSF
Aug 2022
750 sqft
1 units Service Apartment
RM 410,000
773 sqft · RM 530.00 PSF
Dec 2022
800 sqft
1 units Service Apartment
RM 400,000
775 sqft · RM 516.00 PSF
Sep 2022
850 sqft
1 units Service Apartment
RM 440,000
861 sqft · RM 511.00 PSF
Aug 2022
1,550 sqft
1 units Double Storey Shop
RM 2,950,000
JLN DATARAN CHERAS 9
1,539 sqft · RM 1,917.00 PSF
Mar 2022