28 Mont’Kiara, Kuala Lumpur condo unit sold for RM1.98m | DONE DEAL
Empire Office Tower, Subang Jaya, Selangor office sold for RM6.18m | DONE DEAL
The average transacted price for commercial properties around Jalan Temenggung, Bandar Mahkota Cheras, fell by 34.78%, from RM2.3 million in 2023 to RM1.5 million in 2024. (source: EdgeProp EPIQ).
According to Lydia Sim (REN 02250) (017-287 2633) of Centricity Realty, the tenant chose the intermediate shop lot for its ideal size, strong residential catchment and high visibility to support Beacon Mart’s rapid national expansion. The landlord, meanwhile, opted for a stable and reputable tenant over higher rental offers from F&B operators, valuing Beacon Mart’s sustainable growth and long-term commitment.
As of early July 2025, there were 49 shoplot listings on EdgeProp for sale at Bandar Mahkota Cheras with an average asking price of RM2,380,914.29 or RM731.17 psf based on built-ups ranging from 1,200 to 2,357 sq ft. For rental listings, there are a total of 66, with an average monthly rental of RM7,755.38 or RM3.57 psf based on built-ups ranging from 707 to 6,600 sq ft.
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