ELIT AVENUE

ELIT AVENUE in Barat Daya, Penang recorded 1 subsale transactions in 2024, with a median price of RM 890K and a median price per square foot (PSF) of RM 612.

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 RM 612, with most transactions between RM 612 and RM 612. The usual range is RM 451.00 to RM 773.00, showing that most units are priced quite close to each other. With an IQR of RM 322.00 and MAD of RM 0, 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.