Novus
Barat Daya, Penang · High-rise (condo, apartment, flat) · Freehold
Homes in Novus have sold for a median of
RM707,500
RM627 psf on the recorded floor area
Half of the 32 recorded sales fell between RM677,250 and RM741,250. One in ten went under RM600,000, one in ten over RM768,000. Sales run from 12 July 2021 to 8 May 2025.
Up 0% from a RM695,000 median in 2022 to RM697,500 in 2023.
These are transacted prices from the land-office record, not asking prices from ads. An ad’s number is a wish; this is the record. What high-rise (condo, apartment, flat) sell for across Penang, beside what ads ask.
How to read this page
The median is the middle sale when every recorded sale here is lined up cheapest to dearest — half sold for less, half for more. The band (p25–p75) is the middle half of those sales. Neither figure is an asking price from an ad, and neither is a valuation of a specific unit. Asking vs transacted.
What kind of home, and what title
The land office groups these sales as high-rise (condo, apartment, flat) under a Freehold title. High-rise parcels are usually strata: you own the parcel plus a share of the common parts, and price per square foot is how buyers compare units of different sizes. Monthly charges and the sinking fund sit on top of the purchase price — see maintenance fee and sinking fund.
Year by year
| Year | Median sold | Per sq ft | Sales |
|---|---|---|---|
| 2021 | RM650,000 | RM580 psf | 3 |
| 2022 | RM695,000 | RM602 psf | 7 |
| 2023 | RM697,500 | RM626 psf | 16 |
| 2024 | RM741,500 | RM656 psf | 4 |
| 2025 | RM753,000 | RM666 psf | 2 |
A year with only a handful of sales is a handful of sales, not a trend — the movement above is drawn only between years with five or more.
Nearby, and where this one sits
Other high-rise (condo, apartment, flat) schemes in Barat Daya with enough recorded sales, cheapest first. By median sold price, Novus sits 60 of 64 in that set.
53 cheaper schemes above
Against Penang
Across Penang, the median recorded sale for high-rise (condo, apartment, flat) is RM300,000 (RM391 psf), from 5,184 sales. Novus’s own median is RM707,500 — higher than that state median. Full Penang table.
Cash and monthly on the RM707,500 median
Same worksheet as /cost/, using this scheme’s recorded median, 90% LTV, and the illustrative rate. Not a bank quote.
Cash at offer
- Down payment (10%): RM70,750
- Transfer duty (MOT): RM15,225
- Loan duty (0.5%): RM3,184
- Total cash: RM89,159
Monthly carry
- Instalment (35y @ 4.00%): RM2,819
- Total monthly: RM2,819
4.00% p.a. illustrative (rough SBR + bank margin); not a bank quote
Questions this record answers
- What have homes in Novus sold for?
- A median of RM707,500 (RM627 psf), from 32 land-office transactions between 12 July 2021 and 8 May 2025.
- What is a typical band here?
- Half of recorded sales fell between RM677,250 and RM741,250. One in ten went under RM600,000; one in ten over RM768,000.
- Has the median moved?
- From RM695,000 in 2022 to RM697,500 in 2023 (+0%), using only years with five or more sales.
Read next
From NAPIC’s open transaction data (Jabatan Penilaian dan Perkhidmatan Harta), extract published 19 May 2026. A scheme appears only with at least 20recorded sales. Scheme names are the land office’s own. How we work this out.