Cheras Commercial Property Prices (2026)
A shop or office in Cheras typically sells for RM 598 per sq ft of floor space, based on 462 sales from 2021 to 2026. That is 12% less than the typical shop or office in Kuala Lumpur, and 91% more than across Malaysia.
Before you buy or sell in Cheras
- A strata retail lot costs about RM 500 more per sq ft than a strata office lot here.
- Freehold shops and offices sold for more, RM 690 per sq ft against RM 565 for leasehold, and 34% of sales here were freehold.
- Kuala LumpurRM 677
- CherasRM 598
- MalaysiaRM 313
- Typical sale priceRM 800,000
- Sales recorded462
- PeriodMar 2021 to Jun 2026
- Freehold34% of sales
What does "typical" mean here?
Line up every sale from cheapest to most expensive and take the one in the middle: half sold for more, half for less. Unlike an average, one RM 40 million mega-deal cannot drag it up.
Prices by property type in Cheras
| Property type | Sales | Typical price | Typical per sq ft |
|---|---|---|---|
| 2-storey shop | 54 | RM 1.7M | RM 634 |
| 3-storey shop | 41 | RM 2.5M | RM 536 |
| Shop, 4 storeys or more | 54 | RM 2.1M | RM 345 |
| Retail lot (strata) | 149 | RM 380,000 | RM 874 |
| Office lot (strata) | 91 | RM 430,000 | RM 372 |
| SOHO/SOFO/SOVO | 72 | RM 410,000 | RM 762 |
Types with fewer than 10 sales are left out, because a handful of deals can swing the figure.
Price per sq ft by year in Cheras
| Year | Typical per sq ft | Sales |
|---|---|---|
| 2021 | RM 525 | 37 |
| 2022 | RM 698 | 165 |
| 2023 | RM 602 | 123 |
| 2024 | RM 594 | 93 |
| 2025 | RM 403 | 32 |
Freehold or leasehold in Cheras
- FreeholdRM 690 per sq ft, 159 sales
- LeaseholdRM 565 per sq ft, 303 sales
Freehold shops and offices sold for more, RM 690 per sq ft against RM 565 for leasehold, and 34% of sales here were freehold.
Townships and developments in Cheras
Compare Kuala Lumpur areas
- BangsarRM 1,020214 sales214
- Bukit JalilRM 1,000159 sales159
- Mont Kiara & DutamasRM 906466 sales466
- KL City CentreRM 875965 sales965
- Old Klang RoadRM 851267 sales267
- Taman Tun Dr IsmailRM 85163 sales63
- Desa ParkCity & SegambutRM 815202 sales202
- Sri PetalingRM 63486 sales86
- Ampang HilirRM 61846 sales46
- CherasRM 598462 sales462
- SentulRM 54376 sales76
- Kepong & MenjalaraRM 525228 sales228
- Kuchai LamaRM 49077 sales77
- Setapak & Wangsa MajuRM 468448 sales448
- Sungai Besi & Salak SelatanRM 45988 sales88
Orange line: Kuala Lumpur typical, RM 677. Dashed line: Malaysia typical, RM 313.
Selling a shop or office in Cheras?
Jay Kew (REN57969) checks your price against the sales on this page. Free.
Questions about Cheras shop and office prices
What is the average shop price per sq ft in Cheras?
The typical shop or office in Cheras sold for RM 598 per sq ft of floor space from 2021 to 2026, based on 462 sales.
How much does a strata retail lot cost in Cheras?
A typical strata retail lot in Cheras sold for RM 380,000, or RM 874 per sq ft, based on 149 sales.
Is freehold more expensive than leasehold in Cheras?
Freehold shops and offices sold for more, RM 690 per sq ft against RM 565 for leasehold, and 34% of sales here were freehold.
How these figures are worked out
Source: NAPIC Open Sales Data, sales recorded from March 2021 to June 2026. "Typical" is the median: half of the sales were higher, half lower. "Half of sales between" is the 25th to 75th percentile. We leave out sales under RM 50 or over RM 5,000 per sq ft, and landed sales whose recorded floor space is under a fifth of the land (usually the office floor only). Strata units use their unit area. A place needs 30 sales for a page, a type 10 sales for a row and a year 20 sales for a bar. NAPIC adds late sales for months, so the latest year is incomplete. Last updated 10 October 2026. Figures prepared by Jasper Wu (data) and Jay Kew, REN57969.