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5 Reasons to Buy a Property for Sale in Cheras

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Cheras is a well-established district located at the south-east side of Kuala Lumpur, and it right on the border of two-states – Ampang and Kajang. Cheras, is in fact, one of the most matured districts in Kuala Lumpur, being well developed while still showing signs and potential for expansions and further development.

Cheras is known to be the home to many “tamans”, with the word sprawling all over signboards and when you search for Cheras in Google maps. This is for very good reasons, as Cheras ranks high on the livability metre and it has to be a really trendy spot for home purchasers and upgraders.

So what makes this district so unique?

Easily affordable

According to Brickz, the average price per square foot (psf) for properties in Cheras as of 2019, stood at an affordable RM376, well below the average line of properties in Kuala Lumpur. Yet, the latest data has shown that prices had faced a significant dip in September 2019, at a median price psf of RM195.

With property transactions averaging at about RM 296,000, Cheras definitely falls into the affordable range for many who are looking to have easy access to Kuala Lumpur City Centre at an extremely valuable price.

Home to Malaysia’s longest ‘Pasar Malam’

There is no denying that the culture of pasar malam runs deeply in Malaysian blood, just like ‘mamaks’. Regardless of your income level, everyone has at least once visited the Pasar Malam.

Measuring at a length of two kilometres, the pasar malam at Taman Connaught is lined with stalls across the entire stretch of road. Every Wednesday, crowds flock over for the good food, cheap clothes, electronic gadgets, household items and more.

There are several highlights in this food haven humbly located by the roadside. Many swear by the deliciousness of the ‘stinky tofu’, which can be easily found by just following the pungent scent. Some would rather opt for the fried chicken paired with Coca-cola, another ‘delicacy’ that can only be concocted by the locals.

Regardless of your personal choice in taste, the pasar malam is definitely an experience that you should not miss out on.

Amazing Shopping Malls

Despite properties in Cheras remaining largely affordable for the general population, the surrounding commercial options do not feel “low-cost” at all. There are several shopping malls that are a joy to walk through, such as Sunway Velocity, MyTOWN and Ikano in Cochrane, Cheras.

The iconic Sunway Velocity is a 23-acre integrated development, with residences, shopping mall, hotel, medical centre, offices and shops merged into one entity, a rare of its kind here in Malaysia.

Meanwhile, MyTOWN is an 18-acre family and lifestyle shopping centre anchored by the largest IKEA centre in Malaysia. This area is so “happening” that you will be hard-pressed to find parking at any time during the weekends.

Other shopping locations include and not limited to:

  • Emerald Square
  • You City Cheras
  • Giant Cheras Mall
  • Econsave Alam Damai
  • Cheras Leisure Mall
  • Aeon Cheras Selatan
  • Mines Capital Mall
  • Aeon Big Bandar Tun Hussein Onn
  • Cheras Sentral
  • Ikon Connaught

High Accessibility

Did you know that there are 11 MRT stops within Cheras alone?

Cheras alone takes up 35% of the Sungai Buloh – Kajang MRT Line, a feat that no other district can emulate. At a glance, Cheras seems like a self-sustaining district with its own enclosed public transport system

5-reasons-buy-property-sale-cheras-high-accessibility

To further ease traffic flow, several roads in Cheras have also been upgraded. The opening of the Besraya Eastern Extension Expressway (BEE) has effectively linked areas such as Serdang with Cheras and Pandan.

With a well established public transport system, last mile connectivity and growing road accessibility, travelling within, in and out of Cheras is becoming more and more convenient, addressing several key issues that the locals have with this area.

Future Plans

The most exciting development in Cheras would be the introduction of the Tun Razak Exchange (TRX). Within the exchange includes:

  • Signature Tower (106 floors)
  • The Exchange TRX
  • HSBC headquarters
  • Affin Bank headquarters
  • Prudential headquarters

Although TRX is not located within Cheras per se, it has sparked a lot of interest in the residential properties in the nearby area, with investors sprawling to acquire properties in anticipation of the surge of new office workers moving to work in the TRX region.

Property developers have also caught wind of this. That is why locations such as Maluri and Taman Shamelin Perkasa have seen a lot of exciting residential projects being built concurrently with TRX.

Not to mention, there is plenty of buzz in anticipation for the completion of the East Klang Valley Expressway (EKVE), which is expected to accommodate 140,000 motorists per day. A new introduction of an expressway is a welcoming sight for the local residents who have battled the traffic congestion issue day by day.

As highly attractive as it is, Cheras does come with its own shortcomings. One most notable would be its ever-present traffic congestion issue, which is slowly being addressed with the advent of new roadworks projects.

Several flyovers are well under construction, one of which connects the Cochrane area to Jalan Tun Razak and the Mex Highway, providing easier access to the Kuala Lumpur City Centre.

Even the once narrow Jalan Cochrane has also been upgraded and widened, solving several key traffic issues in the area. Once the accessibility and transportation issue has been properly resolved, it will surely boost the attractiveness of Cheras as one of the most highly desirable districts to move to in Kuala Lumpur.

Has Cheras piqued your interest? Check out the latest property offerings here today!

If you wish to engage our agent services, our trusted buyer’s agent services are here to help you from search, mortgage advisory, deal closing and all the way through to legal conveyancing. Contact +6016-299 1366 today!


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