THE ELEMENTS

Area Intelligence
2022
Median Price
RM 435,000
PSF: RM 562

Residential PSF Trends

Median Price

RM 435,000

PSF: RM 562

THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2022, with a median price of RM 435K and a median price per square foot (PSF) of RM 562.

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 435K, with most transactions falling within a stable range of RM 395K to RM 475K, and a typical market range of RM 395K to RM 475K.

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

For price per square foot, the median is RM 562, with most transactions between RM 559 and RM 565. The usual range is RM 488.13 to RM 635.88, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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THE ELEMENTS, Kuala Lumpur, Kuala Lumpur

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Transactions

2 transactions found

RM 395,000
Level 15
700 sqft RM 565.00 PSF
RM 475,000
Level 39
850 sqft RM 559.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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