THE ELEMENTS

Area Intelligence
2022
Median Price
RM 690,000
PSF: RM 592

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 559K to RM 700K, and a typical market range of RM 426K to RM 700K.

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

For price per square foot, the median is RM 592, with most transactions between RM 541 and RM 644. The usual range is RM 518.13 to RM 665.88, showing that most units are priced quite close to each other. With an IQR of RM 147.75 and MAD of RM 52, 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.

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THE ELEMENTS, Kuala Lumpur, Kuala Lumpur

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Transactions

4 transactions grouped by size

700 sqft
Service Apartment
RM 395,000
Level 15
700 sqft · RM 565 PSF
850 sqft
Service Apartment
RM 475,000
Level 39
850 sqft · RM 559 PSF
1,150 sqft
Service Apartment
RM 700,000
Level 34
1,130 sqft · RM 619 PSF
1,450 sqft
Service Apartment
RM 680,000
Level 28
1,432 sqft · RM 475 PSF

No Properties For Sale

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

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