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 12
|
RM600,000
|
RM785
|
764 sqft
|
|
|
|
Level 32
|
RM499,000
|
RM653
|
764 sqft
|
|
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Novus
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 12
Market Snapshot
ResidentialRM549,500
RM719 psfMedian transaction price
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Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNovus in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 725 and 774 sqft, with a median price of RM550K and a median price per square foot (PSF) of RM719.
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 RM550K, with most transactions falling within a stable range of RM499K to RM600K, and a typical market range of RM518K to RM582K.
Most transactions involved condominium/apartment, with minimal variety in property types.
For price per square foot, the median is RM719, with most transactions between RM653 and RM785. The usual range is RM691.01 to RM747.01, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM66, 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.