New Property in Penang 2026

All new property launches in Penang — Georgetown, Batu Kawan, Bukit Mertajam, Tanjung Bungah, Bayan Lepas. Island and mainland projects, direct from developer.

39 active projects21 new launches

New Launches in Penang

Eco Sun
Under Construction

Eco World Development

Eco Sun

Batu Kawan, Penang

From RM678k
Landed House
Eco Meadows
Under Construction

Eco World Development

Eco Meadows

PENANG, Penang

From RM758k
Landed House
M Zenya
Under Construction

Mah Sing Group

M Zenya

Kepong, Penang

From RM420k
CondominiumFreehold
Camdon Garden Home @ Eco Horizon, Penang
New Launch

Camdon Garden Home @ Eco Horizon, Penang

Seberang Perai, Penang

1,676 sq ft
From RM1.1mil
Landed House
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
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
Savana @ Utropolis Batu Kawan, Penang
New Launch

Savana @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

912 sq ft
From RM480k
Serviced ApartmentFreehold
Zen6 @ Georgetown, Penang
New Launch

Zen6 @ Georgetown, Penang

Georgetown, Penang

1,050 sq ft
From RM689k
CondominiumFreehold
New Launch

Ari Altitude @ Alma, Bukit Mertajam, Penang

Bukit Mertajam, Penang

950 sq ft
From RM250k
Landed HouseFreehold
Ideal Venice Residency @ Island Glades, Penang
New Launch

Ideal Venice Residency @ Island Glades, Penang

Bukit Gambir, Penang

850 sq ft
From RM300k
Landed HouseFreehold
The Meg @ Andaman Island, Pulau Pinang
New Launch

Andaman Group

The Meg @ Andaman Island, Pulau Pinang

Tanjung Tokong, Penang

567 sq ft
From RM543k
Serviced ApartmentFreehold
Aston Acacia @ Bukit Mertajam, Penang
New Launch

Aston Acacia @ Bukit Mertajam, Penang

Bukit Mertajam, Penang

701 sq ft
From RM319k
Serviced ApartmentFreehold
2-storey Terrace @ Taman Riang, Butterworth
New Launch

2-storey Terrace @ Taman Riang, Butterworth

Butterworth, Penang

1,664 sq ft
From RM978k
Landed HouseFreehold
Sinaran Residences @ Utropolis Batu Kawan, Penang
New Launch

Sinaran Residences @ Utropolis Batu Kawan, Penang

Batu Kawan, Penang

667 sq ft
From RM500k
Serviced ApartmentFreehold
New Launch

Lucerne Residences @ Bayan Lepas, Penang

Bayan Lepas, Penang

1,100 sq ft
From RM663k
Condominium
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
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
New Launch

Mekarsari Phase15, Terrace House @ Bertam, Kepala Batas

Kepala Batas, Penang

2,061 sq ft
From RM500k
Landed House
New Launch

Mekarsari Phase13, Semi-D House @ Bertam, Kepala Batas

Kepala Batas, Penang

1,381 sq ft
From RM503k
Bungalow
New Launch

Versa @ Aspen Vision City, Batu Kawan, Penang

Batu Kawan, Penang

703 sq ft
From RM370k
Serviced ApartmentFreehold
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

Recently Completed in Penang

Check Penang property transaction prices

Actual sold prices for any Penang scheme — NAPIC verified data.

Free Price Check →

Frequently Asked Questions

What is the average price of new property in Penang in 2026?
New launch prices in Penang in 2026 range from RM300,000 for apartments in Seberang Perai to RM1.5M+ for seafront condos in Tanjung Bungah and Georgetown. The Penang island commands a 20–40% premium over mainland (Seberang Perai). NAPIC Q3 2025 shows Penang's median property price at RM450,000, up +1.8% YoY.
Is Batu Kawan a good area to buy property in Penang?
Batu Kawan is Penang's fastest-growing township on the mainland, connected to Penang island via the Second Penang Bridge. With IKEA, Penang Design Village, and major retail anchors, it's an emerging suburb with new launches from RM350,000. Strong infrastructure investment makes it attractive for medium-term capital appreciation.
What new property below RM400k is available in Penang?
Affordable new launches in Penang (below RM400k) are primarily in the Seberang Perai area — Bukit Mertajam, Butterworth, and Batu Kawan. On the island, budget options are limited but some projects in Bayan Lepas offer starting prices near RM400k.
Is Penang property a good investment?
Penang is one of Malaysia's top-performing property markets at +1.8% YoY in 2025. Its strong tourism economy, E&E manufacturing sector, and limited land supply (especially on the island) create consistent long-term demand. Rental yields on Penang island range from 3.5–5.5% for well-located units.

Get notified about new Penang property launches

2,400+ buyers already signed up. Free, no spam.