Area Intelligence

NOVUS

25 properties
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Median Price
RM 710,000
PSF: RM 623

Residential Market

Median Price

RM 710,000

IQR: RM 55
MAD: RM 28
RM 623 PSF 4.2%

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.

Area Location

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NOVUS, Barat Daya, Penang

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Transactions

25 properties found

Condo/Apartment
RM 738,000
1,130 sqft Aug 2024
RM 653.00 PSF
Condo/Apartment
RM 710,000
1,130 sqft Jun 2024
RM 628.00 PSF
Condo/Apartment
RM 745,000
1,130 sqft Mar 2024
RM 659.00 PSF
Condo/Apartment
RM 772,000
1,130 sqft Mar 2024
RM 683.00 PSF
Condo/Apartment
RM 710,000
1,130 sqft Dec 2023
RM 628.00 PSF
Condo/Apartment
RM 750,000
1,155 sqft Oct 2023
RM 649.00 PSF
Condo/Apartment
RM 678,000
1,155 sqft Oct 2023
RM 587.00 PSF
Condo/Apartment
RM 720,000
1,155 sqft Oct 2023
RM 623.00 PSF
Condo/Apartment
RM 685,000
1,155 sqft Sep 2023
RM 593.00 PSF
Condo/Apartment
RM 685,000
1,130 sqft Sep 2023
RM 606.00 PSF
Condo/Apartment
RM 705,000
1,155 sqft Aug 2023
RM 610.00 PSF
Condo/Apartment
RM 970,000
1,155 sqft Jul 2023
RM 840.00 PSF
Condo/Apartment
RM 770,000
1,155 sqft Jul 2023
RM 667.00 PSF
Condo/Apartment
RM 745,000
1,155 sqft Jun 2023
RM 645.00 PSF
Condo/Apartment
RM 690,000
1,155 sqft Apr 2023
RM 597.00 PSF
Condo/Apartment
RM 720,000
1,155 sqft Feb 2023
RM 623.00 PSF
Condo/Apartment
RM 740,000
1,155 sqft Dec 2022
RM 641.00 PSF
Condo/Apartment
RM 750,000
1,155 sqft Aug 2022
RM 649.00 PSF
Condo/Apartment
RM 695,000
1,155 sqft Jul 2022
RM 602.00 PSF
Condo/Apartment
RM 680,000
1,155 sqft May 2022
RM 589.00 PSF
Condo/Apartment
RM 700,000
1,155 sqft Mar 2022
RM 606.00 PSF
Condo/Apartment
RM 675,000
1,155 sqft Mar 2022
RM 584.00 PSF
Condo/Apartment
RM 675,000
1,130 sqft Mar 2022
RM 597.00 PSF
Condo/Apartment
RM 650,000
1,155 sqft Dec 2021
RM 563.00 PSF
Condo/Apartment
RM 722,000
1,155 sqft Jul 2021
RM 625.00 PSF