Novus

Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

32 subsales grouped by size

Median
RM707,500
PSF
RM628
Period
transactions middle 50% (P25–P75)
750 sqft
Condo
RM600,000
Level 12
764 sqft · RM785 PSF
RM499,000
Level 32
764 sqft · RM653 PSF
850 sqft
Condo
RM600,000
Level 12
862 sqft · RM696 PSF
RM499,000
Level 32
862 sqft · RM579 PSF
RM500,000
Level 13
862 sqft · RM580 PSF
1,150 sqft
Condo
RM728,000
Level 16
1,130 sqft · RM644 PSF
RM778,000
Level 10
1,130 sqft · RM688 PSF
RM738,000
Level 26
1,130 sqft · RM653 PSF
RM710,000
Level 36
1,130 sqft · RM628 PSF
RM745,000
Level 25
1,130 sqft · RM659 PSF
RM772,000
Level 9
1,130 sqft · RM683 PSF
+21 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM707,500

RM627 psf

Median transaction price

Low

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Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Novus in Barat Daya, Penang recorded 32 subsale transactions between 2021 and 2026, with a median price of RM708K and a median price per square foot (PSF) of RM628.

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 RM708K, with most transactions falling within a stable range of RM675K to RM740K, and a typical market range of RM676K to RM740K.

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

For price per square foot, the median is RM628, with most transactions between RM600 and RM656. The usual range is RM600.20 to RM656.20, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM28, 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.