Cheras Commercial Property Prices (2026)

A shop or office in Cheras typically sells for RM 432 per sq ft of floor space, based on 420 sales from 2021 to 2026. That is 4% more than the typical shop or office in Selangor, and 38% more than across Malaysia.

Before you buy or sell in Cheras

Each marker is the typical price per sq ft.
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 typeSalesTypical priceTypical per sq ft
2-storey shop117RM 1.5MRM 509
3-storey shop99RM 2.3MRM 477
Shop, 4 storeys or more35RM 1.6MRM 264
Retail lot (strata)59RM 660,000RM 475
Office lot (strata)105RM 300,000RM 251

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

Typical price per sq ft by year in Cheras
YearTypical per sq ftSales
2022RM 426115
2023RM 408130
2024RM 45791
2025RM 44847
2026 (so far)RM 47725

NAPIC adds late sales for months, so the latest year is incomplete.

Freehold or leasehold in Cheras

Freehold shops and offices sold for more, RM 448 per sq ft against RM 390 for leasehold, and 80% of sales here were freehold.

Townships and developments in Cheras

Compare Selangor areas

  1. Petaling JayaRM 641967 sales
  2. Sungai BulohRM 599291 sales
  3. Taman Melawati & UkayRM 575233 sales
  4. Subang JayaRM 5691,031 sales
  5. PuchongRM 561971 sales
  6. CyberjayaRM 538282 sales
  7. Setia AlamRM 533615 sales
  8. Shah AlamRM 504895 sales
  9. DamansaraRM 502735 sales
  10. DengkilRM 501626 sales
  11. BangiRM 485185 sales
  12. CherasRM 432420 sales
  13. AmpangRM 403461 sales
  14. SelayangRM 399306 sales
  15. KajangRM 375540 sales
  16. BantingRM 367256 sales
  17. Seri KembanganRM 365635 sales
  18. SemenyihRM 364552 sales
  19. KundangRM 339132 sales
  20. KlangRM 3211,107 sales
  21. Puncak AlamRM 314465 sales
  22. KaparRM 298475 sales
  23. RawangRM 294231 sales
  24. Port KlangRM 292398 sales
  25. JenjaromRM 29257 sales
  26. KepongRM 291121 sales
  27. Kuala SelangorRM 26387 sales
  28. Sabak BernamRM 21253 sales
  29. Salak TinggiRM 20363 sales
  30. SerendahRM 164250 sales

Orange line: Selangor typical, RM 414. 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 432 per sq ft of floor space from 2021 to 2026, based on 420 sales.

How much does a 2-storey shop cost in Cheras?

A typical 2-storey shop in Cheras sold for RM 1.5M, or RM 509 per sq ft, based on 117 sales.

Is freehold more expensive than leasehold in Cheras?

Freehold shops and offices sold for more, RM 448 per sq ft against RM 390 for leasehold, and 80% of sales here were freehold.

How these figures are worked out

Source: NAPIC Open Sales Data, sales recorded from July 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.