penangproperty
CompletedfreeholdEst. 2020

Prisma Bumiraya Sdn. Bhd. (Pearl Ocean)

Novus

Sungai Nibong

From

RM 530K

RM 616753 PSF · Completion 2020

Tenure

freehold

Title

TBC

Total Units

273

Completion

2020

From
RM 530K
PSF
RM 616–753
Tenure
freehold
Total units
273
Status
completed
Completion
2020

Project Tracking

We're tracking Novus — not yet personally reviewed by Zac

This project is in our database from public sources (1 source) from Prisma Bumiraya Sdn. Bhd. (Pearl Ocean). Full pricing, floor plans, unit availability and Zac's honest take are available on direct request — most developers update pricing weekly and we share the current numbers immediately.

  • 📋 Latest price list & available unit types
  • 🏗️ Current construction stage and photos
  • 💬 Zac's honest assessment for your situation
  • 📞 Direct introduction to the developer if you want to view
📲 Get Novus details on WhatsApp

Facilities

Swimming PoolWading PoolGymnasiumTennis CourtBBQ AreaPlaygroundJogging TrackFunction Hall24-Hour SecurityCCTVCovered ParkingLandscape Garden

What's nearby

🏥 Healthcare

  • Hospital Lam Wah Ee4.0km
  • Penang Adventist Hospital Bayan Baru3.5km
  • Gleneagles Hospital Penang7.0km

🎓 Schools

  • SK Sungai Nibong800m
  • SMK Sungai Nibong1.0km
  • Penang Chinese Girls' High School3.5km

🛍 Shopping

  • Queensbay Mall2.0km
  • Sunshine Square Bayan Baru2.5km
  • Tesco Extra Bayan Baru2.5km

Monthly Instalment Calculator

Monthly Instalment

RM 2,141

Total Interest

RM 422,112

Total Outlay

RM 952,112

📲 Discuss financing options with Zac

Sungai Nibong — area snapshot

Full area guide →

Price range

RM 300KRM 744K

asking prices in area

Active projects

0

selling or under construction

Subsale condos

4

completed projects

Total tracked

5

properties in this area

Total Cost Breakdown

Every cost you'll pay — stamp duty, legal fees, loan documentation, foreign levy. Real Penang numbers, not generic Malaysia estimates.

DownpaymentRM 53,000
SPA stamp dutyRM 9,900
SPA legal feeRM 6,550
MOT stamp duty (at VP)

Tiered 1–4% on transfer value. Paid at Vacant Possession stage. Buyer's cost — rarely absorbed by developer.

RM 9,900
Loan stamp duty (0.5%)RM 2,385
Loan agreement legal feeRM 2,385
Valuation feeRM 2,000
Search, admin, miscRM 1,000
Gross upfront totalRM 87,120

New launch — typical developer savings

Toggle what the developer is absorbing. Confirm the actual package before signing.

Cash rebate3% = RM 15,900
0%5%10%
Total developer savingsRM 27,220

Net upfront (after savings)

Based on typical 2026 new launch package

RM 59,900

Estimates based on 2026 Penang state rules. Actual costs vary by bank, lawyer, and case complexity. Confirm exact figures with Zac →

Frequently asked questions

How much is Novus?

+
Units at Novus start from RM 530K (around RM 616–753 psf). WhatsApp Zac for the current price list and any unit-specific promotions — pricing changes frequently as stock moves.

Is Novus freehold or leasehold?

+
Novus is freehold — you own the land in perpetuity, no expiry date, no renewal fees. Freehold residential title remains genuinely scarce in central Penang Island.

When is the expected completion / VP?

+
Expected Vacant Possession is 2020, subject to developer execution. Defects liability period typically runs 24 months from VP. New launch buyers should budget for transaction costs at SPA and again at VP (MOT stamp duty).

Who is the developer of Novus?

+
Novus is developed by Prisma Bumiraya Sdn. Bhd. (Pearl Ocean). For Zac's honest read on the developer's track record and what to expect on delivery quality, WhatsApp directly.

Substitutes worth comparing

Open full comparison →

Same area family, same property type, similar price band — what most buyers actually cross-shop.

From

RM 530K

Novus

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