Area Intelligence

THE MARK @ CHERAS

5 properties
2024
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Median Price
RM 495,000
PSF: RM 566

Residential Market

Median Price

RM 495,000

IQR: RM 209
MAD: RM 113
RM 566 PSF 6.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

RM 483 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

THE MARK @ CHERAS in Hulu Langat, Selangor recorded 5 subsale transactions in 2024, with a median price of RM 495K and a median price per square foot (PSF) of RM 566.

This area contains both residential and commercial properties. View 14 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 495K, with most transactions falling within a stable range of RM 392K to RM 598K, and a typical market range of RM 443K to RM 548K.

Most transactions involved service apartment, with minimal variety in property types.

Price per square foot shows a median of RM 566, though individual units vary from RM 436 to RM 696 in the core range. The broader market spans RM 466.25 to RM 665.75, indicating diverse property characteristics. The spread of RM 199.50 (IQR) and deviation of RM 130 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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THE MARK @ CHERAS, Hulu Langat, Selangor

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Transactions

5 properties grouped by size

600 sqft
4 units Service Apartment
RM 495,000
618 sqft · RM 801.00 PSF
Aug 2024
RM 495,000
618 sqft · RM 801.00 PSF
Jul 2024
RM 350,000
618 sqft · RM 566.00 PSF
Apr 2024
RM 320,000
602 sqft · RM 532.00 PSF
Jan 2024
1,150 sqft
1 units Service Apartment
RM 600,000
1,163 sqft · RM 516.00 PSF
Jan 2024