CHERAS TRADES SQUARE

CHERAS TRADES SQUARE in Hulu Langat, Selangor recorded 2 subsale transactions in 2021, with a median price of RM 2.90 million and a median price per square foot (PSF) of RM 1,881.

This area contains both residential and commercial properties. View 13 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 2.90 million, with most transactions falling within a stable range of RM 2.83 million to RM 2.96 million, and a typical market range of RM 2.83 million to RM 2.96 million.

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

For price per square foot, the median is RM 1,881, with most transactions between RM 1,839 and RM 1,923. The usual range is RM 1,246.25 to RM 2,515.75, showing that most units are priced quite close to each other. With an IQR of RM 1,269.50 and MAD of RM 42, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.