Novus

Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM500,000
PSF
RM580
Price Size
Period
transactions middle 50% (P25–P75)
850 sqft
Condo
RM600,000
Level 12
862 sqft · RM696 PSF
RM499,000
Level 32
862 sqft · RM579 PSF
RM500,000
Level 13
862 sqft · RM580 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM580 psf

Median transaction price

Low

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Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Maps

Novus in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 825 and 874 sqft, with a median price of RM500K and a median price per square foot (PSF) of RM580.

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 RM500K, with most transactions falling within a stable range of RM499K to RM547K, and a typical market range of RM499K to RM532K.

Most transactions involved condominium/apartment, with minimal variety in property types.

For price per square foot, the median is RM580, with most transactions between RM525 and RM635. The usual range is RM551.92 to RM607.92, showing that most units are priced quite close to each other. With an IQR of RM56.00 and MAD of RM55, 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.