Area Intelligence

RESIDENSI ERA NOVUM

17 properties
2022
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Median Price
RM 840,000
PSF: RM 1,048

Residential Market

Median Price

RM 840,000

IQR: RM 186
MAD: RM 90
RM 1,048 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 872,000

IQR: RM 5
MAD: RM 5
RM 904 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RESIDENSI ERA NOVUM in Kuala Lumpur, Kuala Lumpur recorded 17 subsale transactions in 2022, with a median price of RM 840K and a median price per square foot (PSF) of RM 1,048.

This area contains both residential and commercial properties. View 33 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 840K, with most transactions falling within a stable range of RM 688K to RM 1.09 million, and a typical market range of RM 712K to RM 968K.

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

The median PSF stands at RM 1,048, with core pricing between RM 935 and RM 1,161. Market pricing typically extends from RM 952.50 to RM 1,143.50, reflecting moderate variation in unit pricing. With an IQR of RM 191.00 and MAD of RM 113, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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RESIDENSI ERA NOVUM, Kuala Lumpur, Kuala Lumpur

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Transactions

17 properties grouped by size

650 sqft
1 units Service Apartment
RM 688,000
646 sqft · RM 1,065.00 PSF
Dec 2022
700 sqft
2 units Service Apartment
RM 722,000
689 sqft · RM 1,048.00 PSF
Jun 2022
RM 722,000
689 sqft · RM 1,048.00 PSF
Feb 2022
800 sqft
9 units (showing 6) Service Apartment
RM 878,000
797 sqft · RM 1,102.00 PSF
Dec 2022
RM 889,000
807 sqft · RM 1,101.00 PSF
Dec 2022
RM 800,000
797 sqft · RM 1,004.00 PSF
Oct 2022
RM 889,000
807 sqft · RM 1,101.00 PSF
Jul 2022
RM 840,000
807 sqft · RM 1,041.00 PSF
Jul 2022
RM 730,000
807 sqft · RM 904.00 PSF
Jun 2022
850 sqft
2 units Service Apartment
RM 835,000
861 sqft · RM 970.00 PSF
Jun 2022
RM 835,000
861 sqft · RM 970.00 PSF
Apr 2022
1,100 sqft
1 units Service Apartment
RM 960,000
1,119 sqft · RM 858.00 PSF
Mar 2022
1,250 sqft
1 units Service Apartment
RM 1,608,000
1,259 sqft · RM 1,277.00 PSF
Mar 2022
1,300 sqft
1 units Service Apartment
RM 1,458,000
1,281 sqft · RM 1,138.00 PSF
May 2022