NOVUS Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 702,500
CAGR
+4.5%
Median PSF
RM 624.00
CAGR
+4.2%
Transactions
30
Period
2021-2024

NOVUS in Barat Daya, Penang recorded 30 subsale transactions between 2021 and 2025, with a median price of RM 703K and a median price per square foot (PSF) of RM 624.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 703K, with most transactions falling within a stable range of RM 671K to RM 734K, and a typical market range of RM 671K to RM 734K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 624, with most transactions between RM 596 and RM 652. The usual range is RM 596.50 to RM 651.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 28, 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. Moderate transaction volume may require patience when buying or selling.

ADVANCED FILTERS

TRANSACTIONS

30 found
Condominium/Apartment
RM 738,000
PSF: RM 653.00
Area: 1,130 sqft
Date: Aug 2024
Condominium/Apartment
RM 710,000
PSF: RM 628.00
Area: 1,130 sqft
Date: Jun 2024
Condominium/Apartment
RM 745,000
PSF: RM 659.00
Area: 1,130 sqft
Date: Mar 2024
Condominium/Apartment
RM 772,000
PSF: RM 683.00
Area: 1,130 sqft
Date: Mar 2024
Condominium/Apartment
RM 710,000
PSF: RM 628.00
Area: 1,130 sqft
Date: Dec 2023
Condominium/Apartment
RM 750,000
PSF: RM 649.00
Area: 1,155 sqft
Date: Oct 2023
Condominium/Apartment
RM 678,000
PSF: RM 587.00
Area: 1,155 sqft
Date: Oct 2023
Condominium/Apartment
RM 720,000
PSF: RM 623.00
Area: 1,155 sqft
Date: Oct 2023
Condominium/Apartment
RM 685,000
PSF: RM 593.00
Area: 1,155 sqft
Date: Sep 2023
Condominium/Apartment
RM 685,000
PSF: RM 606.00
Area: 1,130 sqft
Date: Sep 2023
Condominium/Apartment
RM 705,000
PSF: RM 610.00
Area: 1,155 sqft
Date: Aug 2023
Condominium/Apartment
RM 770,000
PSF: RM 667.00
Area: 1,155 sqft
Date: Jul 2023
Condominium/Apartment
RM 970,000
PSF: RM 840.00
Area: 1,155 sqft
Date: Jul 2023
Condominium/Apartment
RM 745,000
PSF: RM 645.00
Area: 1,155 sqft
Date: Jun 2023
Condominium/Apartment
RM 690,000
PSF: RM 597.00
Area: 1,155 sqft
Date: Apr 2023
Condominium/Apartment
RM 600,000
PSF: RM 696.00
Area: 862 sqft
Date: Mar 2023
Condominium/Apartment
RM 600,000
PSF: RM 785.00
Area: 764 sqft
Date: Mar 2023
Condominium/Apartment
RM 720,000
PSF: RM 623.00
Area: 1,155 sqft
Date: Feb 2023
Condominium/Apartment
RM 499,000
PSF: RM 579.00
Area: 862 sqft
Date: Feb 2023
Condominium/Apartment
RM 499,000
PSF: RM 653.00
Area: 764 sqft
Date: Feb 2023
Condominium/Apartment
RM 740,000
PSF: RM 641.00
Area: 1,155 sqft
Date: Dec 2022
Condominium/Apartment
RM 750,000
PSF: RM 649.00
Area: 1,155 sqft
Date: Aug 2022
Condominium/Apartment
RM 695,000
PSF: RM 602.00
Area: 1,155 sqft
Date: Jul 2022
Condominium/Apartment
RM 680,000
PSF: RM 589.00
Area: 1,155 sqft
Date: May 2022
Condominium/Apartment
RM 700,000
PSF: RM 606.00
Area: 1,155 sqft
Date: Mar 2022
Condominium/Apartment
RM 675,000
PSF: RM 584.00
Area: 1,155 sqft
Date: Mar 2022
Condominium/Apartment
RM 675,000
PSF: RM 597.00
Area: 1,130 sqft
Date: Mar 2022
Condominium/Apartment
RM 650,000
PSF: RM 563.00
Area: 1,155 sqft
Date: Dec 2021
Condominium/Apartment
RM 500,000
PSF: RM 580.00
Area: 862 sqft
Date: Nov 2021
Condominium/Apartment
RM 722,000
PSF: RM 625.00
Area: 1,155 sqft
Date: Jul 2021