Prai · Subsale Market
Elevate @ Gravitas Subsale — Prai, Penang
Current asking prices, floor plans, and what to inspect before signing the SPA. Live subsale shortlist sent direct to your WhatsApp.
Elevate @ Gravitas is a completed freehold condominium in Prai, Penang, completed in 2019 by Uda Land (North) Sdn. Bhd.. It has 114 units. Subsale asking prices currently run about RM500 per sq ft (from roughly RM 560K). Note: it sits on commercial title, so utilities may be billed at commercial rates.
Available Listings
No listings currently on file. Zac may have off-market units available.
Ask Zac about availabilityWhy buy a Elevate @ Gravitas subsale (vs a new launch elsewhere)
Immediate occupancy
Move in within 3 months of SPA. No 36-month construction wait.
Verified surroundings
Prai's noise levels, traffic, neighbour mix, and JMC quality are known quantities at Elevate @ Gravitas.
Established maintenance
Sinking fund history is visible. You can read the last 12 months of JMC minutes before committing.
5 things to check before signing the Elevate @ Gravitas SPA
- 1.Sinking fund health — confirm the current balance and whether any special assessment is pending in the next 12 months.
- 2.Last 3 maintenance billings — verify payment is up to date and there are no outstanding dues from the seller.
- 3.JMC minutes (last 12 months) — look for recurring complaints, structural concerns, or planned major works.
- 4.Common-area condition — physically walk the pool deck, lifts, lobbies, gym, and parking ramps. Photo anything concerning for negotiation leverage.
- 5.Internal pipes + electrical — for buildings 10+ years old, ask for a recent plumbing inspection report. Pipe replacement is a five-figure capex you don't want to discover post-VP.
Elevate @ Gravitas key facts
- Developer
- Uda Land (North) Sdn. Bhd.
- Area
- Prai, Penang
- Type
- mixed
- Tenure
- freehold · commercial
- Completed
- 2019
- Total units
- 114
- Asking PSF
- RM500
- Price from
- RM 560K
Need the full project profile? Specifications, floor plans, nearby amenities, and Zac's take on Elevate @ Gravitas:
View full Elevate @ Gravitas profile →Prai — area snapshot
Prai is an industrial and port-linked area on the mainland. Residential development here serves the industrial workforce segment.
Price range
RM 352K – RM 846K
asking prices in area
Active projects
1
selling or under construction
Subsale condos
1
completed projects
Total tracked
3
properties in this area
Other projects in Prai
Elevate @ Gravitas subsale — common questions
Where is Elevate @ Gravitas located?
Elevate @ Gravitas is in Prai, Penang, developed by Uda Land (North) Sdn. Bhd. and completed in 2019.
Is Elevate @ Gravitas freehold or leasehold?
Elevate @ Gravitas is freehold with commercial title.
How much is a Elevate @ Gravitas unit?
Subsale asking prices at Elevate @ Gravitas start from roughly RM 560K (about RM500 psf), varying by floor, view and renovation. WhatsApp Zac for the current shortlist.
What's the typical asking price for a Elevate @ Gravitas subsale unit?
Subsale asking prices at Elevate @ Gravitas vary by unit floor, view, and renovation level. The most accurate current figures come from active listings — WhatsApp Zac for the live shortlist with prices and floor plans for available units.
Is Elevate @ Gravitas a good buy in the subsale market?
Elevate @ Gravitas in Prai is a completed building, which means immediate occupancy, verifiable neighbour quality, established maintenance fees, and a known JMC track record. The case for subsale here is no construction risk and a proven location — versus paying a new-launch premium for an unbuilt unit.
What should I check before signing a subsale SPA at Elevate @ Gravitas?
Five things to verify: (1) sinking fund health and any pending special assessments, (2) last 3 maintenance billings and how strict collection is, (3) JMC meeting minutes for the last 12 months, (4) common-area condition (pool, lifts, lobbies), (5) structural age of internal pipes (especially for buildings 10+ years old). Ask the listing agent to provide these as part of the offer process.
Can foreigners buy a Elevate @ Gravitas subsale unit?
Yes, subject to Penang state minimums (RM 1,000,000 for stratified properties on Penang Island; RM 600,000 on the mainland) and state consent (typically 2-4 months processing). MM2H holders are treated the same as other foreign buyers for property purchase rules.
How long does a subsale purchase at Elevate @ Gravitas take?
Typical timeline: 2-3 weeks from offer acceptance to SPA signing, then 3 months to completion (90-day SPA period). Faster than a new launch because no construction wait. Plan for stamp duty + legal fees (~3-4% of purchase price) at completion.
Substitutes worth comparing
Open full comparison →Same area family, same property type, similar price band — what most buyers actually cross-shop.