Area Intelligence

RESIDENSI ERA NOVUM

6 properties
2023
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Median Price
RM 781,000
PSF: RM 1,029

Residential Market

Median Price

RM 805,000

IQR: RM 186
MAD: RM 90
RM 1,060 PSF 4.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 726,000

IQR: RM 5
MAD: RM 5
RM 899 PSF 1.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

RESIDENSI ERA NOVUM in Kuala Lumpur, Kuala Lumpur recorded 6 subsale transactions in 2023, with a median price of RM 781K and a median price per square foot (PSF) of RM 1,029.

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 781K, with most transactions falling within a stable range of RM 725K to RM 837K, and a typical market range of RM 722K to RM 856K.

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

For price per square foot, the median is RM 1,029, with most transactions between RM 947 and RM 1,110. The usual range is RM 933.00 to RM 1,124.00, showing that most units are priced quite close to each other. With an IQR of RM 191.00 and MAD of RM 82, 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

6 properties grouped by size

650 sqft
1 units Service Apartment
RM 722,000
635 sqft · RM 1,137.00 PSF
May 2023
800 sqft
5 units
RM 757,000
Service Apartment
807 sqft · RM 938.00 PSF
Nov 2023
RM 726,000
SOHO/SOFO/SOVO
807 sqft · RM 899.00 PSF
Nov 2023
RM 856,000
Service Apartment
797 sqft · RM 1,075.00 PSF
Oct 2023
RM 856,000
Service Apartment
807 sqft · RM 1,060.00 PSF
May 2023
RM 805,000
Service Apartment
807 sqft · RM 997.00 PSF
Mar 2023