Kuala Lumpur, Kuala Lumpur, Mukim Ampang

THE ELEMENTS

Area Intelligence

2023

Median Price

RM 385,000

PSF: RM 557

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Residential PSF Trends

Median Price

RM 385,000

PSF: RM 557

THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 5 subsale transactions in 2023, with a median price of RM 385K and a median price per square foot (PSF) of RM 557.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 557, with most transactions between RM 557 and RM 557. The usual range is RM 483.13 to RM 630.88, showing that most units are priced quite close to each other. With an IQR of RM 147.75 and MAD of RM 0, 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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