NOVUS

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.