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
|
|
|
Level 12
|
RM600,000
|
RM696
|
862 sqft
|
|
|
|
Level 32
|
RM499,000
|
RM579
|
862 sqft
|
|
|
Level 19
|
RM710,000
|
RM628
|
1,130 sqft
|
|
|
|
Level 13
|
RM720,000
|
RM623
|
1,155 sqft
|
|
|
|
Level 25
|
RM678,000
|
RM587
|
1,155 sqft
|
|
|
|
Level 28
|
RM750,000
|
RM649
|
1,155 sqft
|
|
|
|
Level 11
|
RM685,000
|
RM606
|
1,130 sqft
|
|
|
|
Level 10
|
RM685,000
|
RM593
|
1,155 sqft
|
|
Selling in Novus? Homes here sold for a median of RM697,500.
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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
ResidentialRM697,500
RM626 psfMedian transaction price
Does NOVUS rent out well?
Gross yield, median rent and sale psf — worked out from transacted prices and asking rents.
See the yield with PlusRM59 a month, cancel any time
Gerbang Bukit Kecil 2, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsNovus in Barat Daya, Penang recorded 16 subsale transactions in 2023, with a median price of RM698K and a median price per square foot (PSF) of RM626.
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 RM698K, with most transactions falling within a stable range of RM590K to RM805K, and a typical market range of RM666K to RM730K.
Most transactions involved condominium/apartment, with minimal variety in property types.
The median PSF stands at RM626, with core pricing between RM556 and RM695. Market pricing typically extends from RM597.80 to RM653.80, reflecting moderate variation in unit pricing. With an IQR of RM56.00 and MAD of RM69, 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.