LIST

Penang, Barat Daya, 12

NOVUS

Area Intelligence
2023
Median Price
RM 549,500
PSF: RM 675
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Residential PSF Trends

Median Price

RM 549,500

PSF: RM 675

NOVUS in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 550K and a median price per square foot (PSF) of RM 675.

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 550K, with most transactions falling within a stable range of RM 499K to RM 600K, and a typical market range of RM 518K to RM 582K.

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

The median PSF stands at RM 675, with core pricing between RM 600 and RM 749. Market pricing typically extends from RM 646.50 to RM 702.50, reflecting moderate variation in unit pricing. With an IQR of RM 56.00 and MAD of RM 75, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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NOVUS, Barat Daya, Penang

OSM

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Transactions

4 transactions found

View Type

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Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
RM 600,000
Level 12
764 sqft • RM 785.00 PSF
RM 600,000
Level 12
862 sqft • RM 696.00 PSF
RM 499,000
Level 32
764 sqft • RM 653.00 PSF
RM 499,000
Level 32
862 sqft • RM 579.00 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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