The Elements

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 395K to RM 1.02 million, and a typical market range of RM 426K to RM 954K.

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

Price per square foot shows a median of RM 592, though individual units vary from RM 469 to RM 715 in the core range. The broader market spans RM 515.96 to RM 667.96, indicating diverse property characteristics. The spread of RM 152.00 (IQR) and deviation of RM 123 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.