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New Condo in Penang — 2026

Browse 20 new condo and serviced apartment launches in Penang. Compare prices, sizes and developers. Live data updated weekly.

Last updated: March 2026

Projects Found

RM270,000

Lowest Price

Condo Types

Showing 20 new condo launches in Penang

Recently Completed

Vivo Executive Apartment | Penang Property

Seberang Perai, Penang

730 sq ft

From RM270k

Serviced ApartmentFreehold

Recently Completed

TreeO

Bayan Lepas, Penang

From RM300k

Condominium

New Launch

Aston Acacia @ Bukit Mertajam, Penang

Bukit Mertajam, Penang

701 sq ft

From RM319k

Serviced ApartmentFreehold

Completed

La Casa Ara, Courtyard Villament (Townhouse) @ Tasek Gelugor, Penang

Seberang Perai, Penang

1,285 sq ft

From RM339k

Serviced ApartmentFreehold

Completed

Tropicana Corporation

Tropicana Bay Residences @ Bayan Lepas

Gelugor, Penang

From RM360k

Condominium

New Launch

Versa @ Aspen Vision City, Batu Kawan, Penang

Batu Kawan, Penang

703 sq ft

From RM370k

Serviced ApartmentFreehold

Recently Completed

Havana Beach Residences @ Bayan Lepas, Penang

Bayan Lepas, Penang

Mah Sing Group

M Zenya

Kepong, Penang

From RM420k

CondominiumFreehold

Completed

Mah Sing Group

M Aspira

Taman Desa, Penang

From RM452k

Serviced ApartmentFreehold

New Launch

Savana @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

912 sq ft

From RM480k

Serviced ApartmentFreehold

New Launch

Sinaran Residences @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

667 sq ft

From RM500k

Serviced ApartmentFreehold

Completed

The Cube, Premium Affordable Residential Condo @ Jelutong, Penang

Jelutong, Penang

Andaman Group

The Meg @ Andaman Island, Pulau Pinang

Tanjung Tokong, Penang

567 sq ft

From RM543k

Serviced ApartmentFreehold

New Launch

Lucerne Residences @ Bayan Lepas, Penang

Bayan Lepas, Penang

Zen6 @ Georgetown, Penang

Georgetown, Penang

Malton Berhad

Tuan Pavilion, Condominium @ Air Itam, Penang

Air Itam, Penang

SP Setia

Setia Sky Ville @ Jelutong, Pulau Pinang

Jelutong, Penang

Mah Sing Group

Ferringhi Residence 2

Penang

From RM789k

CondominiumFreehold

Recently Completed

Ferringhi Residence 2 @ Batu Ferringhi, Georgetown, Penang

Batu Ferringhi, Penang

ALILA²

Tanjung Bungah, Penang

1,947 sq ft

From RM5.0mil

Condominium

What Your Budget Gets You in Penang

Budget	What You Get	Example Areas
Below RM300k	Studio/1BR condo, flat, or landed in outer areas	Butterworth, Balik Pulau
RM300k–500k	2–3BR condo, terrace house in mid-range areas	Bayan Lepas, Bukit Mertajam, Butterworth
Above RM500k	Prime location condo, semi-D, or branded residence	George Town, Bayan Lepas

Why Buy New Launch vs Subsale

Developer Financing

Bumiputera discounts, free legal fees, stamp duty absorption and DIBS available on many new launches.

Capital Appreciation

New launches typically appreciate 10–20% from launch price to vacant possession — built-in equity from day one.

Clean Title

No renovation surprises, no hidden defects. Full defect liability period and warranty from the developer.

Also Browse

Below RM300k All Penang Projects New Property Penang New Condo KL All Projects Property Prices Malaysia Transaction Data Best Investment Areas

Frequently Asked Questions

Are there really new properties in Penang below null?▼

Yes. NewProjek tracks new launches across Penang and several projects are priced below null. These are typically condos, apartments and affordable housing schemes. Browse the listings above for the latest availability.

What type of property can I get in Penang for below null?▼

Below null in Penang, you can typically find studio apartments, 1–2 bedroom condos, and serviced apartments. In some areas, affordable terrace houses may also be available, especially in outer suburbs.

Which areas in Penang have new launches below null?▼

New launches below null in Penang are commonly found in Bukit Mertajam, Butterworth, Balik Pulau. Availability changes as new projects launch — check the listings above for the latest.

What is the minimum salary to buy a null property in Penang?▼

For a null property with 90% loan at 4.5% over 30 years, your monthly instalment is approximately RM0. At 60% DSR, you need a minimum gross salary of around RM0.

Are new launches cheaper than subsale in Penang?▼

New launches often have lower entry costs due to developer incentives like free legal fees, stamp duty absorption and DIBS (developer interest bearing scheme). However, the listed price may be similar — the savings come from reduced upfront costs.

Kondo Baru Di Penang — Ringkasan

NewProjek menyenaraikan projek kondominium dan apartmen servis baru di Penang. Data dikemaskini berdasarkan pelancaran baharu oleh pemaju. Semak senarai projek di atas untuk maklumat terkini.

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