Novus Park
NO.19, Lengkok Titi Teras, NOVUS PARK, 11000 Balik Pulau, Penang, Malaysia
NO.19, Lengkok Titi Teras, NOVUS PARK, 11000 Balik Pulau, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lengkok Titi Teras
|
RM480,000
|
RM205
|
2,336 sqft
|
|
|
Hilir Sungai Burung
|
RM800,000
|
RM159
|
5,027 sqft
|
|
Selling in Novus Park? Homes here sold for a median of RM640,000.
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NOVUS Park, NO.19, Lengkok Titi Teras, NOVUS PARK, 11000 Balik Pulau, Penang, Malaysia
MapsNovus Park in Barat Daya, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM640K and a median price per square foot (PSF) of RM182.
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 RM640K, with most transactions falling within a stable range of RM480K to RM800K, and a typical market range of RM535K to RM745K.
Most transactions involved detached, though some variety exists in the market.
The median PSF stands at RM182, with core pricing between RM159 and RM205. Market pricing typically extends from RM135.32 to RM228.82, reflecting moderate variation in unit pricing. With an IQR of RM93.50 and MAD of RM23, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.