Elevate@Gravitas in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM650K and a median price per square foot (PSF) of RM581.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM650K, with most transactions falling within a stable range of RM600K to RM700K, and a typical market range of RM604K to RM696K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM581, with most transactions between RM537 and RM625. The usual range is RM539.39 to RM621.89, showing that most units are priced quite close to each other. With an IQR of RM82.50 and MAD of RM44, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.