Novus
Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 12
|
RM 600,000
|
RM 785
|
764 sqft
|
|
|
|
Level 32
|
RM 499,000
|
RM 653
|
764 sqft
|
|
|
Level 12
|
RM 600,000
|
RM 696
|
862 sqft
|
|
|
|
Level 32
|
RM 499,000
|
RM 579
|
862 sqft
|
|
|
|
Level 13
|
RM 500,000
|
RM 580
|
862 sqft
|
|
|
Level 16
|
RM 728,000
|
RM 644
|
1,130 sqft
|
|
|
|
Level 10
|
RM 778,000
|
RM 688
|
1,130 sqft
|
|
|
|
Level 26
|
RM 738,000
|
RM 653
|
1,130 sqft
|
|
|
|
Level 36
|
RM 710,000
|
RM 628
|
1,130 sqft
|
|
|
|
Level 25
|
RM 745,000
|
RM 659
|
1,130 sqft
|
|
|
|
Level 9
|
RM 772,000
|
RM 683
|
1,130 sqft
|
|
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Market Snapshot
ResidentialRM 707,500
RM 627 psfMedian transaction price
Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNovus in Barat Daya, Penang recorded 32 subsale transactions between 2021 and 2026, with a median price of RM 708K and a median price per square foot (PSF) of RM 641.
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 708K, with most transactions falling within a stable range of RM 675K to RM 740K, and a typical market range of RM 676K to RM 740K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 641, with most transactions between RM 613 and RM 669. The usual range is RM 612.71 to RM 668.71, showing that most units are priced quite close to each other. With an IQR of RM 56.00 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.