Residential Market
Median Price
RM 710,000
PSF Trends (2021-2025)
NOVUS in Barat Daya, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 710K and a median price per square foot (PSF) of RM 623.
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 710K, with most transactions falling within a stable range of RM 651K to RM 769K, and a typical market range of RM 678K to RM 742K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 623, with most transactions between RM 571 and RM 675. The usual range is RM 595.50 to RM 650.50, showing that most units are priced quite close to each other. With an IQR of RM 55.00 and MAD of RM 52, 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.
Filter by type, year, price, and size
Transactions
25 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Condo/Apartment |
|
RM 738,000
|
RM 653.00
|
1,130 sqft
|
Aug 2024
|
Condo/Apartment |
|
RM 710,000
|
RM 628.00
|
1,130 sqft
|
Jun 2024
|
Condo/Apartment |
|
RM 745,000
|
RM 659.00
|
1,130 sqft
|
Mar 2024
|
Condo/Apartment |
|
RM 772,000
|
RM 683.00
|
1,130 sqft
|
Mar 2024
|
Condo/Apartment |
|
RM 710,000
|
RM 628.00
|
1,130 sqft
|
Dec 2023
|
Condo/Apartment |
|
RM 750,000
|
RM 649.00
|
1,155 sqft
|
Oct 2023
|
Condo/Apartment |
|
RM 678,000
|
RM 587.00
|
1,155 sqft
|
Oct 2023
|
Condo/Apartment |
|
RM 720,000
|
RM 623.00
|
1,155 sqft
|
Oct 2023
|
Condo/Apartment |
|
RM 685,000
|
RM 593.00
|
1,155 sqft
|
Sep 2023
|
Condo/Apartment |
|
RM 685,000
|
RM 606.00
|
1,130 sqft
|
Sep 2023
|
Condo/Apartment |
|
RM 705,000
|
RM 610.00
|
1,155 sqft
|
Aug 2023
|
Condo/Apartment |
|
RM 970,000
|
RM 840.00
|
1,155 sqft
|
Jul 2023
|
Condo/Apartment |
|
RM 770,000
|
RM 667.00
|
1,155 sqft
|
Jul 2023
|
Condo/Apartment |
|
RM 745,000
|
RM 645.00
|
1,155 sqft
|
Jun 2023
|
Condo/Apartment |
|
RM 690,000
|
RM 597.00
|
1,155 sqft
|
Apr 2023
|
Condo/Apartment |
|
RM 720,000
|
RM 623.00
|
1,155 sqft
|
Feb 2023
|
Condo/Apartment |
|
RM 740,000
|
RM 641.00
|
1,155 sqft
|
Dec 2022
|
Condo/Apartment |
|
RM 750,000
|
RM 649.00
|
1,155 sqft
|
Aug 2022
|
Condo/Apartment |
|
RM 695,000
|
RM 602.00
|
1,155 sqft
|
Jul 2022
|
Condo/Apartment |
|
RM 680,000
|
RM 589.00
|
1,155 sqft
|
May 2022
|
Condo/Apartment |
|
RM 700,000
|
RM 606.00
|
1,155 sqft
|
Mar 2022
|
Condo/Apartment |
|
RM 675,000
|
RM 584.00
|
1,155 sqft
|
Mar 2022
|
Condo/Apartment |
|
RM 675,000
|
RM 597.00
|
1,130 sqft
|
Mar 2022
|
Condo/Apartment |
|
RM 650,000
|
RM 563.00
|
1,155 sqft
|
Dec 2021
|
Condo/Apartment |
|
RM 722,000
|
RM 625.00
|
1,155 sqft
|
Jul 2021
|