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 1.00 million to RM 874K, and a typical market range of RM 1.00 million to RM 954K.

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

The median PSF stands at RM 592, with core pricing between RM 475 and RM 709. Market pricing typically extends from RM 518.13 to RM 665.88, reflecting moderate variation in unit pricing. The spread of RM 147.75 (IQR) and deviation of RM 117 (MAD) suggest moderate price variations reflecting different property features.

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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