NOVUS PARK

NOVUS PARK in Barat Daya, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 900K and a median price per square foot (PSF) of RM 253.

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 900K, with most transactions falling within a stable range of RM 850K to RM 950K, and a typical market range of RM 875K to RM 925K.

Most transactions involved detached, with minimal variety in property types.

The median PSF stands at RM 253, with core pricing between RM 206 and RM 300. Market pricing typically extends from RM 229.50 to RM 276.50, reflecting moderate variation in unit pricing. The spread of RM 47.00 (IQR) and deviation of RM 47 (MAD) suggest moderate price variations reflecting different property features.

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.