Area Intelligence

CHERAS TRADES SQUARE

3 properties
2023
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Median Price
RM 400,000
PSF: RM 612

Residential Market

Median Price

RM 400,000

IQR: RM 62
MAD: RM 38
RM 612 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 3 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 612.

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 400K, with most transactions falling within a stable range of RM 378K to RM 422K, and a typical market range of RM 370K to RM 425K.

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

For price per square foot, the median is RM 612, with most transactions between RM 556 and RM 668. The usual range is RM 0.00 to RM 1,246.75, showing that most units are priced quite close to each other. With an IQR of RM 1,269.50 and MAD of RM 56, 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. 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 TRADES SQUARE, Hulu Langat, Selangor

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Transactions

3 properties grouped by size

600 sqft
2 units Service Apartment
RM 400,000
583 sqft · RM 686.00 PSF
Feb 2023
RM 370,000
604 sqft · RM 612.00 PSF
Jan 2023
750 sqft
1 units Service Apartment
RM 425,000
773 sqft · RM 550.00 PSF
Feb 2023