THE ELEMENTS

Area Intelligence
2022
Median Price
RM 850,000
PSF: RM 628

Residential PSF Trends

Median Price

RM 850,000

PSF: RM 628

THE ELEMENTS in Kuala Lumpur, Kuala Lumpur recorded 4 subsale transactions in 2022, with a median price of RM 850K and a median price per square foot (PSF) of RM 628.

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 850K, with most transactions falling within a stable range of RM 680K to RM 1.13 million, and a typical market range of RM 680K to RM 1.11 million.

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

Price per square foot shows a median of RM 628, though individual units vary from RM 486 to RM 769 in the core range. The broader market spans RM 553.63 to RM 701.38, indicating diverse property characteristics. The spread of RM 147.75 (IQR) and deviation of RM 142 (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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Transactions

4 transactions grouped by size

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
1,550 sqft
Service Apartment
RM 1,368,000
Level 40
1,572 sqft · RM 870 PSF
RM 1,000,000
Level 11
1,572 sqft · RM 636 PSF

No Properties For Sale

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

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