NOVUS

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.