CHERAS TRADES SQUARE

CHERAS TRADES SQUARE in Hulu Langat, Selangor recorded 19 subsale transactions in 2022, with a median price of RM 508K and a median price per square foot (PSF) of RM 629.

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 508K, with most transactions falling within a stable range of RM 355K to RM 1.74 million, and a typical market range of RM 355K to RM 1.74 million.

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

Price per square foot shows a median of RM 629, though individual units vary from RM 0 to RM 1,274 in the core range. The broader market spans RM 0.00 to RM 1,263.75, indicating diverse property characteristics. A wider spread (IQR: RM 1,269.50) and deviation (MAD: RM 645) 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.