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 135K to RM 735K, and a typical market range of RM 171K to RM 699K.
Most transactions involved service apartment, with minimal variety in property types.
The median PSF stands at RM 562, with core pricing between RM 485 and RM 639. Market pricing typically extends from RM 488.13 to RM 635.88, reflecting moderate variation in unit pricing. 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.