Elit Avenue

3, Jalan Mayang Pasir, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM1,550,000
PSF
RM1,030
Price Size
Period
transactions middle 50% (P25–P75)
RM1,550,000
Level 2
1,505 sqft RM1,030 PSF
Legend Recent Highest Price Highest PSF

Posts about Elit Avenue

What’s happening in Elit Avenue?

No posts about Elit Avenue yet. Be the first to share what’s happening here.

Market Snapshot

Commercial

RM1,375,000

RM1,015 psf

Median transaction price

Elit Avenue
© OpenStreetMap · CARTO

3, Jalan Mayang Pasir, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Elit Avenue in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,475 and 1,524 sqft, with a median price of RM1.55 million and a median price per square foot (PSF) of RM1,030.

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.

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

For price per square foot, the median is RM1,030, with most transactions between RM1,030 and RM1,030. The usual range is RM868.97 to RM1,190.97, showing that most units are priced quite close to each other. With an IQR of RM322.00 and MAD of RM0, 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.