KAWASAN PERNIAGAAN CHERAS RAYA

KAWASAN PERNIAGAAN CHERAS RAYA in Hulu Langat, Selangor recorded 2 subsale transactions in 2022, with a median price of RM 825K and a median price per square foot (PSF) of RM 590.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 825K, with most transactions falling within a stable range of RM 810K to RM 840K, and a typical market range of RM 815K to RM 835K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 590, with most transactions between RM 579 and RM 600. The usual range is RM 582.50 to RM 596.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.