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CHERAS BUSINESS CENTRE

Kuala Lumpur, WP Kuala Lumpur · Commercial · 52 recorded sales, Jul 2021 to May 2026

Actively tradingOffice Lot · 26Shop Unit/Retail Lot · 22Serviced Apartment · 3
RM 413psf median, against built-up area · 4 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 379431 psf
Median price
RM 210,000
Price range
RM 130kRM 1.08m
Built-up area
624710 sq ft
Land area · 49
3881,313 sq ft
Median price per sq ft of land
RM 372

Median of 4 sales that carry a usable area, out of 52 on record — NAPIC published no area for the other 48, so they have no psf. Half the sales fell inside the middle-half band; half did not.

Land is published separately from built-up area and is the larger of the two here — a median of 592 sq ft against 624. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

7 sales in the 12 months to May 2026. Last on record: 28 May 2026.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20215
202217 · RM 413 psf
202311 · RM 450 psf
20249 · RM 315 psf
20257
20263

Quarterly medians · not a price trend

2993834672022 Q2 — RM 425 psf, 1 sale2022 Q4 — RM 400 psf, 1 sale2023 Q3 — RM 450 psf, 1 sale2024 Q4 — RM 315 psf, 1 sale
2022 Q22024 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in WP Kuala Lumpur long or clean enough to state a direction, so this page states none.

Distribution · 4 priced sales

RM 320–330 psf — 1 saleRM 330–339 psf — 0 salesRM 339–348 psf — 0 salesRM 348–357 psf — 0 salesRM 357–366 psf — 0 salesRM 366–375 psf — 0 salesRM 375–385 psf — 0 salesRM 385–394 psf — 0 salesRM 394–403 psf — 1 saleRM 403–412 psf — 0 salesRM 412–421 psf — 0 salesRM 421–431 psf — 1 saleRM 431–440 psf — 0 salesRM 440–449 psf — 1 sale
RM 320RM 449 psf

Each bar counts sales in a RM 9 psf band, measured against built-up area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 52

DateTypeFloorArea (sq ft)PricepsfTenure
28 May 2026Office Lot1RM 250,000Leasehold
19 May 2026Office Lot5RM 195,000Leasehold
11 May 2026Office Lot5RM 200,000Leasehold
11 Nov 2025Shop Unit/Retail Lot2RM 180,000Leasehold
8 Oct 2025Office Lot4RM 252,000Leasehold
7 Oct 2025Shop Unit/Retail LotLGRM 800,000Leasehold
25 Aug 2025Shop Unit/Retail Lot1RM 190,000Leasehold
26 Feb 2025Shop Unit/Retail Lot2RM 178,000Leasehold
14 Jan 2025Office Lot3RM 255,500Leasehold
14 Jan 2025Office Lot3RM 229,500Leasehold
18 Nov 2024Office Lot5RM 320,000Leasehold
6 Nov 2024Office Lot1RM 185,000Leasehold
29 Oct 2024Serviced Apartment3624RM 196,800315Leasehold
24 Jun 2024Office Lot3RM 160,000Leasehold
12 Jun 2024Office Lot5RM 200,000Leasehold
8 May 2024Shop Unit/Retail Lot2RM 230,000Leasehold
8 May 2024Office Lot2RM 170,000Leasehold
12 Mar 2024Office Lot2RM 195,000Leasehold
15 Jan 2024Office Lot3RM 195,000Leasehold
20 Dec 2023Shop Unit/Retail Lot3RM 220,000Leasehold

Others in Kuala Lumpur · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: built-up area. Nothing here is a valuation.