NOVUS

NOVUS in Barat Daya, Penang recorded 27 subsale transactions between 2021 and 2025, with a median price of RM 720K and a median price per square foot (PSF) of RM 625.

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 720K, with most transactions falling within a stable range of RM 688K to RM 753K, and a typical market range of RM 688K to RM 752K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM 625, with most transactions between RM 597 and RM 653. The usual range is RM 597.00 to RM 653.00, 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.