NOVUS

Area Intelligence
Median Price
RM 707,500
PSF: RM 627

Residential PSF Trends

Median Price

RM 707,500

PSF: RM 627

NOVUS in Barat Daya, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 708K and a median price per square foot (PSF) of RM 627.

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 627, with most transactions between RM 599 and RM 655. The usual range is RM 598.50 to RM 654.50, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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NOVUS, Barat Daya, Penang

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Transactions

26 transactions grouped by size

750 sqft
Condo/Apartment
RM 600,000
Level 12
764 sqft · RM 785 PSF
850 sqft
Condo/Apartment
RM 600,000
Level 12
862 sqft · RM 696 PSF
RM 500,000
Level 13
862 sqft · RM 580 PSF
1,150 sqft
Condo/Apartment
RM 728,000
Level 16
1,130 sqft · RM 644 PSF
RM 738,000
Level 26
1,130 sqft · RM 653 PSF
RM 710,000
Level 36
1,130 sqft · RM 628 PSF
RM 745,000
Level 25
1,130 sqft · RM 659 PSF
RM 710,000
Level 19
1,130 sqft · RM 628 PSF
RM 750,000
Level 28
1,155 sqft · RM 649 PSF

No Properties For Sale

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

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