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
Under Construction
Eco World Development
Eco Sun
Batu Kawan, Penang
From RM678k
Landed House
Under Construction
Eco World Development
Eco Meadows
PENANG, Penang
From RM758k
Landed House
Under Construction
Mah Sing Group
M Zenya
Kepong, Penang
From RM420k
CondominiumFreehold
New Launch
Camdon Garden Home @ Eco Horizon, Penang
Seberang Perai, Penang
1,676 sq ft
From RM1.1mil
Landed House
New Launch
SP Setia
Allure Double Storey Superlink Homes @ Amansara North, Setia Fontaines, Penang
Kepala Batas, Penang
2,727 sq ft
From RM708k
TownhouseFreehold
New Launch
Viluxe @ Aspen Vision City, Double Storey Terrace Homes | Penang Property
Seberang Perai, Penang
2,100 sq ft
From RM1.1mil
Landed HouseFreehold
New Launch
Savana @ Utropolis Batu Kawan, Penang
Batu Kawan, Penang
912 sq ft
From RM480k
Serviced ApartmentFreehold
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
New Launch
Ideal Venice Residency @ Island Glades, Penang
Bukit Gambir, Penang
850 sq ft
From RM300k
Landed HouseFreehold
New Launch
Andaman Group
The Meg @ Andaman Island, Pulau Pinang
Tanjung Tokong, Penang
567 sq ft
From RM543k
Serviced ApartmentFreehold
New Launch
Aston Acacia @ Bukit Mertajam, Penang
Bukit Mertajam, Penang
701 sq ft
From RM319k
Serviced ApartmentFreehold
New Launch
2-storey Terrace @ Taman Riang, Butterworth
Butterworth, Penang
1,664 sq ft
From RM978k
Landed HouseFreehold
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
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
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
New Launch
Malton Berhad
Tuan Pavilion, Condominium @ Air Itam, Penang
Air Itam, Penang
1,172 sq ft
From RM695k
CondominiumFreehold
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Recently Completed in Penang
Completed
Mah Sing Group
The Loft @ Southbay, Penang
Batu Maung, Penang
From RM1.6mil
Condominium/ApartmentFreehold
Completed
Mah Sing Group
M Aspira
Taman Desa, Penang
From RM452k
Serviced ApartmentFreehold
Recently Completed
Mah Sing Group
Ferringhi Residence 2
Penang
From RM789k
CondominiumFreehold
Completed
Eco World Development
Eco Horizon
Batu Kawan, Penang
From RM678k
Landed House
Completed
The Cube, Premium Affordable Residential Condo @ Jelutong, Penang
Jelutong, Penang
946 sq ft
From RM540k
CondominiumFreehold
Recently Completed
SP Setia
Amansara North, Setia Fontaines @ Kepala Batas, 1-Storey Terrace
Kepala Batas, Penang
1,385 sq ft
From RM475k
Landed HouseFreehold
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.
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