Area Intelligence

CHERAS TRADES SQUARE

11 properties
Double Storey Shop
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Median Price
RM 2,900,000
PSF: RM 1,884

Residential Market

Median Price

RM 400,000

IQR: RM 62
MAD: RM 38
RM 591 PSF 3.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 2,900,000

IQR: RM 78
MAD: RM 39
RM 1,884 PSF 0.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CHERAS TRADES SQUARE in Hulu Langat, Selangor recorded 11 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 2.90 million and a median price per square foot (PSF) of RM 1,884.

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 2.78 million to RM 3.00 million, and a typical market range of RM 2.60 million to RM 3.00 million.

Within the Double Storey Shop category, service apartment dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 1,884, with most transactions between RM 1,805 and RM 1,963. The usual range is RM 1,249.25 to RM 2,518.75, showing that most units are priced quite close to each other. With an IQR of RM 1,269.50 and MAD of RM 79, 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.

Area Location

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CHERAS TRADES SQUARE, Hulu Langat, Selangor

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Transactions

11 properties grouped by size

1,550 sqft
11 units (showing 6) Double Storey Shop
RM 3,000,000
JLN DATARAN CHERAS 2
1,539 sqft · RM 1,949.00 PSF
Sep 2022
RM 2,850,000
JLN DATARAN CHERAS 2
1,539 sqft · RM 1,852.00 PSF
Aug 2022
RM 2,960,000
JLN DATARAN CHERAS 2
1,539 sqft · RM 1,923.00 PSF
Aug 2022
RM 3,000,000
JLN DATARAN CHERAS 3
1,539 sqft · RM 1,949.00 PSF
Jul 2022
RM 2,700,000
JLN DATARAN CHERAS 2
1,539 sqft · RM 1,754.00 PSF
Mar 2022
RM 2,950,000
JLN DC 9
1,539 sqft · RM 1,917.00 PSF
Mar 2022