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Freehold Property in Penang (2026)

Browse 22 freehold property launches in Penang with perpetual land ownership. Prices from RM420,000.

Last updated: June 2026

Key Areas for Freehold in Penang

George TownBayan LepasButterworthBukit MertajamNibong Tebal

22 Freehold Projects in Penang

Vivo Executive Apartment | Penang Property
Completed

Vivo Executive Apartment | Penang Property

Seberang Perai, Penang

730 sq ft
From RM270k
Serviced ApartmentFreehold
Ideal Venice Residency @ Island Glades, Penang
Completed

Ideal Venice Residency @ Island Glades, Penang

Bukit Gambir, Penang

850 sq ft
From RM300k
Landed HouseFreehold
Aston Acacia @ Bukit Mertajam, Penang
Completed

Aston Acacia @ Bukit Mertajam, Penang

Bukit Mertajam, Penang

701 sq ft
From RM319k
Serviced ApartmentFreehold
M Zenya
Under Construction

Mah Sing Group

M Zenya

Kepong, Penang

From RM420k
CondominiumFreehold
M Aspira
Completed

Mah Sing Group

M Aspira

Taman Desa, Penang

From RM452k
Serviced ApartmentFreehold
Single Storey Terrace Homes (Charm & Rejoice) @ Amansara North, Setia Fontaines, Penang
New Launch

SP Setia

Single Storey Terrace Homes (Charm & Rejoice) @ Amansara North, Setia Fontaines, Penang

Kepala Batas, Penang

1,385 sq ft
From RM475k
Landed HouseFreehold
Savana @ Utropolis Batu Kawan, Penang
Completed

Savana @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

912 sq ft
From RM480k
Serviced ApartmentFreehold
Sinaran Residences @ Utropolis Batu Kawan, Penang
New Launch

Sinaran Residences @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

667 sq ft
From RM500k
Serviced ApartmentFreehold
M Zenni @ Batu Maung, Penang

Mah Sing Group

M Zenni @ Batu Maung, Penang

Batu Maung, Penang, Penang

From RM531k
Condominium/ApartmentFreehold
M Zenni
New Launch

Mah Sing Group

M Zenni

Batu Maung, Penang

From RM531k
Serviced ApartmentFreehold
The Meg @ Andaman Island, Pulau Pinang
Completed

Andaman Group

The Meg @ Andaman Island, Pulau Pinang

Tanjung Tokong, Penang

567 sq ft
From RM543k
Serviced ApartmentFreehold
Double Storey Terrace Homes (Glamour & Shine) @ Amansara North, Setia Fontaines, Penang
New Launch

SP Setia

Double Storey Terrace Homes (Glamour & Shine) @ Amansara North, Setia Fontaines, Penang

Kepala Batas, Penang

From RM589k
Landed HouseFreehold
Eco Sun
Under Construction

Eco World Development

Eco Sun

Batu Kawan, Penang

From RM678k
Landed HouseFreeholdEst. 2029
Zen6 @ Georgetown, Penang
New Launch

Zen6 @ Georgetown, Penang

Georgetown, Penang

1,050 sq ft
From RM689k
CondominiumFreehold
Tuan Pavilion, Condominium @ Air Itam, Penang
New Launch

Malton Berhad

Tuan Pavilion, Condominium @ Air Itam, Penang

Air Itam, Penang

1,172 sq ft
From RM695k
CondominiumFreehold
Allure Double Storey Superlink Homes @ Amansara North, Setia Fontaines, Penang
New Launch

SP Setia

Allure Double Storey Superlink Homes @ Amansara North, Setia Fontaines, Penang

Kepala Batas, Penang

2,727 sq ft
From RM708k
TownhouseFreehold
Setia Sky Ville @ Jelutong, Pulau Pinang
Completed

SP Setia

Setia Sky Ville @ Jelutong, Pulau Pinang

Jelutong, Penang

1,036 sq ft
From RM732k
CondominiumFreehold
Ferringhi Residence 2
Completed

Mah Sing Group

Ferringhi Residence 2

Penang

From RM789k
CondominiumFreehold
Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang
Recently Completed

Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang

Batu Ferringhi, Penang

1,208 sq ft
From RM789k
CondominiumFreehold
2-storey Terrace @ Taman Riang, Butterworth
New Launch

2-storey Terrace @ Taman Riang, Butterworth

Butterworth, Penang

1,664 sq ft
From RM978k
Landed HouseFreehold
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property
New Launch

Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property

Seberang Perai, Penang

2,100 sq ft
From RM1.1mil
Landed HouseFreehold
The Loft @ Southbay, Penang
Completed

Mah Sing Group

The Loft @ Southbay, Penang

Batu Maung, Penang

From RM1.6mil
Condominium/ApartmentFreehold

Why Freehold in Penang?

Penang Island has very limited freehold land remaining — most new developments on the island are leasehold. However, the mainland (Seberang Prai) still has significant freehold land banks, particularly around Butterworth, Bukit Mertajam and Nibong Tebal. Buyers seeking freehold ownership in Penang often look to the mainland for more accessible options.

On Penang Island, freehold properties command a substantial premium due to scarcity. The few remaining freehold new launches on the island — typically condos in heritage or suburban areas — attract strong demand from both local buyers and investors. For landed freehold, Seberang Prai offers the best value with prices starting from RM420,000.

Hartanah Freehold Penang 2026

NewProjek menyenaraikan projek hartanah freehold baharu di Pulau Pinang. Tanah freehold di Pulau Pinang amat terhad terutama di pulau — kebanyakan terdapat di Seberang Prai. Harga bermula dari RM420,000.

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Frequently Asked Questions

Is there freehold property on Penang Island?▼
Very few. Most new launches on Penang Island are leasehold. Freehold projects on the island are rare and typically high-end condos. For freehold landed property, Seberang Prai offers more options.
What is the cheapest freehold property in Penang in 2026?▼
Freehold properties in Penang start from around RM420,000 on the mainland (Seberang Prai). On Penang Island, freehold projects typically start from RM600,000+ for condos.
Is freehold or leasehold better in Penang?▼
In Penang, freehold commands a strong premium due to scarcity on the island. For long-term investment, freehold is preferred. However, leasehold properties in prime island locations can still appreciate well due to location demand.

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