Elit Avenue in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM890K and a median price per square foot (PSF) of RM612.

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 RM612, with most transactions between RM612 and RM612. The usual range is RM451.47 to RM773.47, 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.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.