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 31
|
RM 740,000
|
RM 641
|
1,155 sqft
|
|
|
|
Level 36
|
RM 750,000
|
RM 649
|
1,155 sqft
|
|
|
|
Level 18
|
RM 695,000
|
RM 602
|
1,155 sqft
|
|
|
|
Level 17
|
RM 680,000
|
RM 589
|
1,155 sqft
|
|
|
|
Level 24
|
RM 675,000
|
RM 597
|
1,130 sqft
|
|
|
|
Level 23
|
RM 675,000
|
RM 584
|
1,155 sqft
|
|
|
|
Level 34
|
RM 700,000
|
RM 606
|
1,155 sqft
|
|
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Market Snapshot
ResidentialRM 695,000
RM 602 psfMedian transaction price
Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNovus in Barat Daya, Penang recorded 7 subsale transactions in 2022, with a median price of RM 695K and a median price per square foot (PSF) of RM 602.
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 695K, with most transactions falling within a stable range of RM 675K to RM 724K, and a typical market range of RM 675K to RM 727K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM 602, with most transactions between RM 578 and RM 625. The usual range is RM 573.75 to RM 629.75, showing that most units are priced quite close to each other. With an IQR of RM 56.00 and MAD of RM 23, 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.