PropMedian transaction data

RESIDENSI ERA NOVUM Transaction Price & PSF

RESIDENSI ERA NOVUM · Serviced Apartment · Kuala Lumpur · W.P. Kuala Lumpur · Data through November 2025

Median price
RM856,000
Median Parcel PSF
RM1,015.74 psf94.9% usable coverage
Transactions
39
Data period
November 2025From September 2021

These are transaction-based market benchmarks for the selected scope. They are not a valuation of an individual unit.

This market article focuses on RESIDENSI ERA NOVUM Serviced Apartment within the residential segment in Kuala Lumpur, guiding readers on how to interpret the transaction benchmarks and scheme data without making unsupported claims about demand, appreciation or investment outcomes.

Market overview

Interpretation of the overall mix and transaction activity shows that the Serviced Apartment category under RESIDENSI ERA NOVUM is the main contributor within this market context. The dominant submarket for the scheme is Kuala Lumpur, with activity concentrated in the local district and mukim. Activity has varied across years, indicating shifts in engagement rather than a single directional trend. This framing helps readers compare the scheme data with other market segments while avoiding overgeneralisation.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

Serviced Apartment

Transactions
39
Median price
RM856,000
Median parcel area
807 sqft
Median Parcel PSF
RM1,015.74 psf
PSF coverage
94.9%

Within the residential segment, this property type is the central focus of the dataset for the RESIDENSI ERA NOVUM scheme. The data points to a concentration of activity and pricing attention in Kuala Lumpur, aligning the category with the scheme's core offering.

How to interpret this market

Readers can use transaction benchmarks as reference points to understand price dispersion and activity patterns while recognising that an individual property may differ. Benchmarks are not guarantees of future outcomes. When analysing, compare property types separately and consider the specific scheme and local context to avoid overgeneralising.

Explore the wider market

Compare this scheme with the relevant district and property-type market.

View market hub →

Browse current listings

Compare asking prices with the transaction benchmark.

View matching listings →

Frequently asked questions

What is the focus of this market snapshot?

It concentrates on the residential segment for the Serviced Apartment within the RESIDENSI ERA NOVUM scheme in Kuala Lumpur, specifically Mukim Kuala Lumpur.

Which submarket appears most active in the data?

Kuala Lumpur district in Mukim Kuala Lumpur shows the highest activity for this scheme and property type within the residential segment.

How should buyers use the benchmarks provided?

Use benchmarks as context to understand price dispersion and activity patterns, while acknowledging that an individual property may vary and that benchmarks do not guarantee future results. Compare property types separately and consider the scheme and local context.

Summary

The overall message is to compare property types separately and to use transaction benchmarks as contextual guides when evaluating market data for RESIDENSI ERA NOVUM's Serviced Apartment in Kuala Lumpur.

You might also like

Methodology

Median transaction price for the selected market scope.

Parcel PSF is the median of valid transaction-level parcel PSF values, not median price divided by median area.

Unavailable measurements are not estimated or inferred.

Parcel PSF is displayed when there are at least 10 valid PSF observations and coverage is at least 25%.

Browse all scheme benchmarks →Search another property →
RESIDENSI ERA NOVUM Price & PSF | PropMedian