CHERAS TRADES SQUARE
Residential Market
Median Price
RM 400,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 2,900,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Service Apartment
15 properties
Median Price
RM 397,500
+1.3% CAGR
Median PSF
RM 601.00
+3.7% CAGR
Double Storey Shop
11 properties
Median Price
RM 2,897,500
+0.2% CAGR
Median PSF
RM 1,882.50
+0.2% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Service Apartment | 15 |
RM 397,500
±3K MAD
|
+1.27% |
RM 601.00
±11 MAD
|
+3.73% | |
Double Storey Shop | 11 |
RM 2,897,500
±3K MAD
|
+0.17% |
RM 1,882.50
±2 MAD
|
+0.16% |
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 400,000
|
RM 686.00
|
583 sqft
|
Feb 2023
|
||
RM 370,000
|
RM 612.00
|
604 sqft
|
Jan 2023
|
RM 425,000
|
RM 550.00
|
773 sqft
|
Feb 2023
|