THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2024, with a median price of RM 760K and a median price per square foot (PSF) of RM 668.
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 760K, with most transactions falling within a stable range of RM 460K to RM 1.06 million, and a typical market range of RM 495K to RM 1.02 million.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 668, with core pricing between RM 591 and RM 745. Market pricing typically extends from RM 594.13 to RM 741.88, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
