Elit Avenue
3, Jalan Mayang Pasir, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
3, Jalan Mayang Pasir, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM1,580,000
|
RM1,398
|
1,130 sqft
|
|
|
|
Level 1
|
RM1,500,000
|
RM1,327
|
1,130 sqft
|
|
|
Level 2
|
RM1,550,000
|
RM1,030
|
1,505 sqft
|
|
Posts about Elit Avenue
No posts about Elit Avenue yet. Be the first to share what’s happening here.
Nearby areas in 12
Bayan Baru
Ideal Vision Park @ Tree Sparina
Mutiara Perdana
Taman Sri Nibong
I-Park
Setia Pulau Mutiara
Arasia Perdana (The Clovers)
Mahsuri Square
Bayan City / Elite Height
Desa Bayan
Taman Tunas Damai
Queens Residences Q1 @ Queens Waterfront
Elit Avenue
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Promote your property to visitors of this page
Market Snapshot
CommercialRM1,375,000
RM1,015 psfMedian transaction price
3, Jalan Mayang Pasir, Bandar Bayan Baru, 11950 Bayan Lepas, Pulau Pinang, Malaysia
MapsElit Avenue in Barat Daya, Penang recorded 9 subsale transactions between 2021 and 2026, with a median price of RM1.40 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. The median price is RM1.40 million, with most transactions falling within a stable range of RM1.22 million to RM1.58 million, and a typical market range of RM1.10 million to RM1.70 million.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM1,030, though individual units vary from RM809 to RM1,251 in the core range. The broader market spans RM868.97 to RM1,190.97, indicating diverse property characteristics. The spread of RM322.00 (IQR) and deviation of RM221 (MAD) suggest moderate price variations reflecting different property features.
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.