Novus Park

NO.19, Lengkok Titi Teras, NOVUS PARK, 11000 Balik Pulau, Penang, Malaysia

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Novus Park
© OpenStreetMap · CARTO

NOVUS Park, NO.19, Lengkok Titi Teras, NOVUS PARK, 11000 Balik Pulau, Penang, Malaysia

Maps

Novus Park in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM800K and a median price per square foot (PSF) of RM253.

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 RM800K, with most transactions falling within a stable range of RM700K to RM900K, and a typical market range of RM695K to RM905K.

Most transactions involved detached, though some variety exists in the market.

Price per square foot shows a median of RM253, though individual units vary from RM160 to RM346 in the core range. The broader market spans RM206.25 to RM299.75, indicating diverse property characteristics. A wider spread (IQR: RM93.50) and deviation (MAD: RM93) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.