Elit Avenue in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,125 and 1,174 sqft, with a median price of RM1.54 million and a median price per square foot (PSF) of RM1,363.

This area contains both residential and commercial properties. View 1 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.54 million, with most transactions falling within a stable range of RM1.50 million to RM1.58 million, and a typical market range of RM1.50 million to RM1.58 million.

Most transactions involved shop unit/retail lot, though some variety exists in the market.

For price per square foot, the median is RM1,363, with most transactions between RM1,327 and RM1,398. The usual range is RM1,201.58 to RM1,523.58, showing that most units are priced quite close to each other. With an IQR of RM322.00 and MAD of RM35, 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.