Cheras

Median Price

RM 2,311k

Based on 65670 units sold preceding 12 mths.

Annual Growth

1.5%

Compound annual growth rate in median price.

Cheras is a suburb that stretches itself from Kuala Lumpur to Kajang, all the way to Ampang, Selangor. So technically, it shares both states, land wise. Pekan Batu 9 Cheras or the 9th Mile Town, Cheras is in its Selangor area. Having a high population, the suburb pushes in providing for all facets of modern life. Travelling around is made easy with the SILK Highway and the Cheras – Kajang Highway that connect to the area. It also hosted the SEA Games of 1995 and therefore boasts an impressive array of sports complexes, most notably the Tun Razak Football Stadium.

Retail therapy is handled by the area’s multitude of shopping options. They include Giant, Carrefour and Jusco. Plazas are the Leisure Mall and Phoenix. It also hosts Taman Connaught, the longest night bazaar (pasar malam) in the whole of Malaysia. Schools offered include the UCSI University which is a multi faceted educational opportunity having courses that range from music to medicine. Kolej Teknologi (or Technology College) YPC – ITWEB and the CICT, a cybernetics international college along with Masterskill College of Health are also in its Selangor area. 

Buying, selling, or investing property is a very big decision. Even moving to your desired location can sometimes be very emotional. Using data from more than 9752 listings in Cheras, PropertyGuru aim to help you make the right decisions on selecting property, by providing you helpful news and property statistics such as median and growth in the area, but also our opinion on local neighborhood area.

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Property News

Merdeka 118 Tower Tops Out Despite Delays Merdeka 118 Tower Tops Out Despite Delays ⋅ Jun 09 Ahmad Zulqarnain Onn, President and Group Chief Executive of PNB, said that the tower is currently 81% completed....
Office Building Owners To Contend With Rising Vacancy, Falling Rents Office Building Owners To Contend With Rising Vacancy, Falling Rents ⋅ Jun 08 According to an industry player, the Klang Valley office market is now faced with two situations – tenants asking for a 5% cut in rent once rent reviews arrive, and owner...
Malaysia Property Prices May Have Hit Rock-Bottom, Says Economist Malaysia Property Prices May Have Hit Rock-Bottom, Says Economist ⋅ Jun 10 Centre for Market Education fellow and Bait Al Amanah economist Fariq Sazuki said property prices can no longer be lowered by developers during MCO 3.0 since the prices a...
KPKT Urged To Open Strata Management Offices KPKT Urged To Open Strata Management Offices ⋅ Jun 11 A lawmaker said that more than six million Malaysians live in apartments and condominiums, and under the strata scheme, management offices are responsible for providing m...
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