The median sale at Cheras, Selangor, Malaysia is RM 430,000
Overview
Cheras has a mix of urban and rural settlements that stretches from the outskirts of Kuala Lumpur to Kajang in the state of Selangor, Malaysia. Cheras has effectively become a suburb of the greater metropolitan area as the communities here are now divided administratively between KL Federal Territory and Selangor State.
Cheras in Selangor comes under the fifth largest district in Selangor; Hulu Langat, and is quietly booming, which is evident from the numerous housing estates and shopping malls, with various links via highways and trunk roads. A good example of this would be Balakong or Cheras South. This growing township situated exactly at the boundary of Cheras consists mainly of residential condominiums, office complexes and factories.
Pekan Batu 9 Cheras or the 9th Mile Town, Cheras is an example of a highly populated area in Selangor. Hence, this suburb aims to provide all facets of modern living, from basic necessities to unlimited wants. For instance, the Green Residence is a low density condominium with only 596 units spread over 10 acres of freehold land.
Another is Windows on The Park located on freehold land at Bandar Tun Hussein Onn, Batu 9, Cheras. It comprises three blocks of high-rise condominiums with a total of 540 units. The uniqueness of this development is that space is set aside for a park that is large enough to serve the needs of the entire community on an 8.9-acre site whilst homes are built around it.
Yet another housing project established here will allow you to comprehend just how diverse the offering for homes is in this part of Selangor. It is the One Amerin Mall and Residence, an integrated development conveniently located next to the Kajang SILK highway in Balakong. Situated on five acres of freehold land, this project, when completed sometime in 2017, will showcase two residential towers of serviced apartments situated next to the shopping mall.
Aside from that, Perbadanan PR1MA Malaysia bought land here in 2015 for a 1Malaysia Housing Programme. Therefore, Cheras, Selangor caters to the needs of residents from all walks of life.
Amenities and Facilities
Grocery and retail therapy needs are handled by a multitude of shopping options including Giant Cheras, AEON Cheras Selatan as well as its sister, AEON Mahkota Cheras Shopping Centre. If those are inadequate, then head to Leisure Mall and Cheras Sentral Mall on the KL side of Cheras.
When it comes to education, Asia Metropolitan University’s main campus in Batu 9 offers pre-university, diploma, undergraduate and post graduate courses in various disciplines. Also here are Kolej Teknologi (Technology College) YPC – ITWEB and the CICT, a cybernetics international college, along with Masterskill College of Health, offering a multi-faceted educational opportunity. The esteemed Royal Malaysian Police College KL which is responsible for training senior officers in the Malaysian Police and the Malaysian Armed Forces as well as those from Singapore, Brunei, Thailand, Russia, the United Kingdom and the United States is here too.
A wide array of public schools are located in this suburb. For the international syllabus, Cempaka International School has a campus here.
Columbia Asia Hospital Cheras, a multi-specialty hospital was launched in this bustling area in early 2011. Easily accessible from the SILK Highway, its healthcare services cover as far as Balakong, Sungai Long and Kajang.
Whilst there are several water treatment plants in Selangor, the Sungai Langat Water Treatment Plant (Sungai Langat WTP) serves the residents of Hulu Langat, Cheras.
Accessibility and Transportation
Travelling around is made easier with the Cheras-Kajang Highway and Kajang Dispersal Link Expressway (SILK) also known as Kajang SILK Highway E18 that connects to the area. This 37 km expressway was built to disperse and regulate the traffic flow in Kajang by allowing motorists to bypass its town centre.
Additionally, communities here can look eagerly to the completion of Phase Two of the MRT Sungai Buloh-Kajang line. This phase, which covers Semantan to Kajang, will become operational by July 2017. This Mass Rapid Transit line, which starts from the north-west of KL, namely Sungai Buloh, and runs through the city centre of KL, and ends in Kajang located to the south-east, is hoped to further ease traffic congestion as it links the densely populated areas of Cheras to Damansara through the central business district of KL city.
Past Transactions
Project / TownShips | Type | Median Price Psf | Median Price | Filed Transactions |
---|---|---|---|---|
Bandar Mahkota Cheras | Condominium/Apartment,Detached House,Flat,Semi-Detached House,Terrace House,Town House | RM 400 | RM 621,440 | 325 Transactions |
Bandar Tun Hussein Onn | Detached House,Flat,Semi-Detached House,Terrace House,Town House | RM 342 | RM 866,451 | 118 Transactions |
Taman Muda | Condominium/Apartment,Flat,Terrace House | RM 402 | RM 364,675 | 110 Transactions |
Taman Bukit Permai, Ampang | Condominium/Apartment,Detached House,Flat,Semi-Detached House,Terrace House | RM 247 | RM 336,834 | 72 Transactions |
Green Suria Apartment | Condominium/Apartment,Flat | RM 308 | RM 352,872 | 70 Transactions |
Pangsapuri Segar Perdana | Condominium/Apartment,Flat,Semi-Detached House,Terrace House | RM 390 | RM 582,157 | 64 Transactions |
Pangsapuri Angsana, Bandar Mahkota Cheras | Condominium/Apartment,Flat | RM 275 | RM 218,760 | 52 Transactions |
Taman Bukit Hatamas | Condominium/Apartment,Flat,Terrace House | RM 499 | RM 638,407 | 46 Transactions |
Taman Bukit Segar | Condominium/Apartment,Detached House,Flat,Semi-Detached House,Terrace House | RM 304 | RM 547,039 | 46 Transactions |
Taman Cheras Awana Apartment | Condominium/Apartment,Flat | RM 248 | RM 167,296 | 44 Transactions |
Check out all transactions.
Rent and Sale Prices in Cheras
Bedrooms | Sale Price | Monthly Rent | Rental Yield |
---|---|---|---|
1 | RM 350,663 | RM -- | -- |
2 | RM 385,778 | RM -- | -- |
3 | RM 405,156 | RM 1,300 | 3.85% |
4 | RM 676,271 | RM 3,450 | 6.12% |
5 | RM 993,112 | RM -- | -- |
Price per Square Foot
Sector | Price Psf (Non Landed) | Price Psf (Landed) |
---|---|---|
Area Average | RM 319 | RM 380 |
State Average | RM 272 | RM 298 |