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 16
|
RM728,000
|
RM644
|
1,130 sqft
|
|
|
|
Level 10
|
RM778,000
|
RM688
|
1,130 sqft
|
|
|
|
Level 26
|
RM738,000
|
RM653
|
1,130 sqft
|
|
|
|
Level 36
|
RM710,000
|
RM628
|
1,130 sqft
|
|
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Novus
PSF median price per sq ft · 12m its change over the past 12 months
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Market Snapshot
ResidentialRM733,000
RM649 psfMedian transaction price
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Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNovus in Barat Daya, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM733K and a median price per square foot (PSF) of RM649.
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 RM733K, with most transactions falling within a stable range of RM710K to RM758K, and a typical market range of RM710K to RM765K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM649, with most transactions between RM627 and RM671. The usual range is RM620.55 to RM676.55, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM22, 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.