THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 2 subsale transactions in 2024, with a median price of RM 540K and a median price per square foot (PSF) of RM 772.
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 540K, with most transactions falling within a stable range of RM 240K to RM 840K, and a typical market range of RM 276K to RM 804K.
Most transactions involved service apartment, with minimal variety in property types.
For price per square foot, the median is RM 772, with most transactions between RM 695 and RM 849. The usual range is RM 698.13 to RM 845.88, showing that most units are priced quite close to each other. 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.