THE ELEMENTS

THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 7 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 603.

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 480K, with most transactions falling within a stable range of RM 180K to RM 780K, and a typical market range of RM 216K to RM 744K.

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

The median PSF stands at RM 603, with core pricing between RM 526 and RM 680. Market pricing typically extends from RM 529.13 to RM 676.88, reflecting moderate variation in unit pricing. With an IQR of RM 147.75 and MAD of RM 77, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.