Elit Heights

  • Property Type
    Condominium/Apartment
  • Tenure
    Freehold
  • Street Name
    Jalan Mayang Pasir 2
  • District / Planning Area
    Bayan Baru
About Elit Heights

Elit Heights is a freehold non-landed project situated in the neighbourhood of Bayan Baru in Pulau Pinang. It is surrounded by several developments such as Quatermile, One World, One Sky, Arena Condominium, Promenade Residence, D’Piazza Condominium, and Mahsuri Apartment. Elit Heights was developed by SEAL Incorporated Berhad. There are three blocks of 22-storey buildings with total of 600 units. The built-up space is ranging from 1,300 sq. ft. to 1,900 sq. ft. Amenities available at this apartment includes 24-hour security, car park, gymnasium, swimming pool, sauna, clubhouse, playground, park and garden, and pool deck. It also located nearby D’Piazza Mall, Mayang Mall Complex, Sunshine Square, Bayan Baru Market, Bayan Baru Food Court, Giant Hypermarket, Uptown Bayan Baru, SPICE (Subterranean Penang International Conference and Exhibition Center), Hospital Pantai Mutiara, Straits International School, SMK Raja Tun Uda, SMK Seri Permai, and SK Bayan Baru. This project is accessible via several major roads, namely Jalan Sultan Azlan Shah, Jalan Mahsuri, Jalan Tun Dr. Awang, Jalan Bukit Gambier and Bayan Lepas Expressway.

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Profitable Transactions (Limited to 5 Total of 3 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
20 Nov 1715 Apr 191,432 ft²412229265,00053.1
13 Oct 1409 Nov 181,055 ft²5555555,0000.2
02 Apr 1508 Apr 15969 ft²55552628,0002482.7

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

Unprofitable Transactions (Limited to 5 Total of 2 Transactions)

Bought OnSold OnArea (sqft)Sale Price (RM sqft)Buy Price(RM sqft)Profit (RM)Growth (%)
23 Jun 1430 Jan 191,410 ft²418461-60000-2.1
27 Oct 1416 Aug 171,410 ft²447475-40000-2.2

Note: Transactions with the same address are matched. Profitability of each round-trip transaction is based only on the change in asset price and does not take into account transaction costs and the effect of financing. Unit numbers are not disclosed.

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