NOVUS

Area Intelligence
Median Price
RM 720,000
PSF: RM 625

Residential PSF Trends

Median Price

RM 720,000

PSF: RM 625

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 662K to RM 778K, 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 574 and RM 676. 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 51, 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.

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NOVUS, Barat Daya, Penang

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Transactions

27 transactions grouped by size

1,150 sqft
Condo/Apartment
RM 728,000
Level 16
1,130 sqft · RM 644 PSF
RM 778,000
Level 10
1,130 sqft · RM 688 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 772,000
Level 9
1,130 sqft · RM 683 PSF

No Properties For Sale

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

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