Kuala Lumpur, Kuala Lumpur, Mukim Ampang

THE ELEMENTS

Area Intelligence

2022

Median Price

RM 690,000

PSF: RM 592

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Residential PSF Trends

Median Price

RM 690,000

PSF: RM 592

THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2022, with a median price of RM 690K and a median price per square foot (PSF) of RM 592.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 690K, with most transactions falling within a stable range of RM 650K to RM 475K, and a typical market range of RM 426K to RM 475K.

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

For price per square foot, the median is RM 592, with most transactions between RM 589 and RM 595. The usual range is RM 518.13 to RM 665.88, showing that most units are priced quite close to each other. With an IQR of RM 147.75 and MAD of RM 3, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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THE ELEMENTS, Kuala Lumpur, Kuala Lumpur

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