NOVUS
Barat Daya, Penang · Freehold · 32 transactions
Median Price
RM710K
RM678K – RM745K
Median PSF
RM628
RM597 – RM653
Transactions
32
2021-07 to 2025-05
Size Range
764 – 1155
sq.ft (built-up)
Recorded Transactions
Median Price
Median PSF
Market Analysis
Data-driven insights for NOVUS
Investment Return
Earliest PSF (2021)
RM580
Current PSF (2025)
RM688
Capital Gain
+18.7%
Total Return (est.)
8.7% p.a.
| Capital appreciation (4 years) | +18.7% |
| Annualised capital return | +4.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 8.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +20.7% |
*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.
Unit Mix Breakdown
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 750 sqft | 2 | RM600K | RM785 |
| 850 sqft | 3 | RM500K | RM580 |
| 1,150 sqft | 27 | RM720K | RM625 |
Market Verdict
PSF Trend: Appreciating
PSF moved from RM580 (2021) to RM688 (2025)
Liquidity: Moderate
32 transactions over 4 years (~8/year)
43% above Barat Daya average
This project: RM628 PSF vs Barat Daya median: RM438 PSF
Est. Total Return: 8.7% p.a. (beats FD)
Capital gain (4.7% p.a.) + rental yield (~4% p.a.)
Verdict
NOVUS delivers a strong estimated total return of 8.7% p.a. — comprising +4.7% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 43% above the Barat Daya average, reflecting its positioning as a premium development in the area. Best suited for capital gain seekers, long-term holders.
Investment return & market verdict
ROI since launch, unit mix, rental yield, area comparison
Transaction History
Showing 5 of 32| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| May 2025 | Condominium/Apartment | Freehold | 1,130 | RM644 | RM728K |
| Apr 2025 | Condominium/Apartment | Freehold | 1,130 | RM688 | RM778K |
| Aug 2024 | Condominium/Apartment | Freehold | 1,130 | RM653 | RM738K |
| Jun 2024 | Condominium/Apartment | Freehold | 1,130 | RM628 | RM710K |
| Mar 2024 | Condominium/Apartment | Freehold | 1,130 | RM683 | RM772K |
27 more transactions hidden
Full Report Includes
Complete NAPIC transaction data with trend analysis — RM69.90 per report
Investment ROI
Capital gain + rental yield since launch
Market verdict
Trend, liquidity, and area comparison
Unit mix breakdown
Price & PSF by unit size
All transactions
Full table of 32 records
3 interactive charts
Scatter, price & PSF vs Barat Daya & Penang
Percentile breakdown
25th, 50th, 75th price & PSF
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