New Property in Bayan Lepas 2026
All new property launches in Bayan Lepas, Penang — SPICE Arena, Batu Maung, Teluk Kumbar, Queensbay and Bayan Baru. Penang's tech and industrial hub, airport 5 min away, direct from developers.
32 active projects11 new launchesFrom RM380k
Queensbay / Bayan BaruSouth island commercial hub — Queensbay Mall, E-Gate, high rental demand from tech workersSPICE Arena precinctPenang's convention and event complex — new mixed developments, growing amenitiesBatu MaungSeafront township near Second Penang Bridge — ferry terminal, industrial access, growing residentialTeluk KumbarAffordable south island — new landed and condo launches, quieter pace, views of Straits of MalaccaRelauMid-range established suburb — popular with first-time buyers, highway access, local amenitiesSungai AraPremium south island enclave — gated condos and semi-Ds, near Second Bridge, peaceful living
New Launches in Bayan Lepas
New Launch
Mah Sing Group
M Zenni
Batu Maung, Penang
From RM531k
Serviced ApartmentFreehold
Under Construction
Eco World Development
Eco Sun
Batu Kawan, Penang
From RM678k
Landed HouseFreeholdEst. 2029
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
Sinaran Residences @ Utropolis Batu Kawan, Penang
Batu Kawan, Penang
667 sq ft
From RM500k
Serviced ApartmentFreehold
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
Camdon Garden Home @ Eco Horizon, Penang
Seberang Perai, Penang
1,676 sq ft
From RM1.1mil
Landed House
New Launch
2-storey Terrace @ Taman Riang, Butterworth
Butterworth, Penang
1,664 sq ft
From RM978k
Landed HouseFreehold
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
SP Setia
Double Storey Terrace Homes (Glamour & Shine) @ Amansara North, Setia Fontaines, Penang
Kepala Batas, Penang
From RM589k
Landed HouseFreehold
New Launch
Zen6 @ Georgetown, Penang
Georgetown, Penang
1,050 sq ft
From RM689k
CondominiumFreehold
New Launch
Malton Berhad
Tuan Pavilion, Condominium @ Air Itam, Penang
Air Itam, Penang
1,172 sq ft
From RM695k
CondominiumFreehold
Browse Penang Property
Bayan Lepas Property Price Guide 2026
| Area | Property Type | Price Range |
|---|---|---|
| Teluk Kumbar / Relau | Apartment / Condo | RM300k – RM480k |
| Batu Maung | Condo / Terrace | RM380k – RM620k |
| Queensbay / Bayan Baru | Condo / Serviced Apt | RM420k – RM750k |
| Sungai Ara | Condo / Semi-D | RM550k – RM950k |
| SPICE / Premium South Island | Luxury Condo | RM700k – RM1.5M |
Price ranges are indicative. Verify current developer pricing on individual project pages.
Recently Completed in Bayan Lepas
Recently Completed
IJM Land
Ayra Terraces by IJM Land
Nibong Tebal, Penang
From RM438k
Landed HouseFreehold
Completed
Mah Sing Group
The Loft @ Southbay, Penang
Batu Maung, Penang
3–4 bed2–4 bath1,690 – 1,700 sq ft
From RM1.6mil
Condominium/ApartmentFreehold156 unitsEst. 2017
Completed
Mah Sing Group
Ferringhi Residence 2
Penang
From RM789k
CondominiumFreehold
Completed
Mah Sing Group
M Aspira
Taman Desa, Penang
From RM452k
Serviced ApartmentFreehold
Completed
Eco World Development
Eco Meadows
PENANG, Penang
From RM758k
Landed House
Completed
Eco World Development
Eco Horizon
Batu Kawan, Penang
From RM678k
Landed House
Frequently Asked Questions
What is the average price of new property in Bayan Lepas in 2026?▼
New property in Bayan Lepas in 2026 starts from RM300,000 for apartments in Teluk Kumbar and Relau to RM1.5M+ for luxury condominiums near SPICE Arena and Sungai Ara. New condo launches in Queensbay and Bayan Baru (close to the tech free-trade zone) are priced from RM420,000–RM750,000. The Bayan Lepas median residential price is approximately RM450,000 based on NAPIC data — comparable to Georgetown but with better new-launch supply.
Why is Bayan Lepas growing so fast?▼
Bayan Lepas is Penang's economic engine. The Bayan Lepas Free Industrial Zone (FIZ) hosts Intel, Bosch, Motorola Solutions, Western Digital, and dozens of other multinationals — generating thousands of well-paid engineering and management jobs. Penang International Airport is in Bayan Lepas (5 minutes from Queensbay Mall). The Second Penang Bridge connects south island to Seberang Prai for easy mainland access. SPICE Arena (convention centre and retail) has added a major lifestyle anchor, attracting new condo developments.
Is Bayan Lepas property a good investment?▼
Bayan Lepas is Penang's highest-yield residential market in 2026, driven by consistent tech worker demand. Rental yields of 5–6.5% are achievable near Queensbay and the FIZ, with tenants typically being Intel, Bosch, or Western Digital engineers on 1–2 year company-assisted leases. Capital appreciation has been strong — properties near the Second Penang Bridge access have risen 6–10% annually since 2022. New launches in SPICE precinct and Sungai Ara are particularly sought after by investors.
How far is Bayan Lepas from George Town Penang?▼
Bayan Lepas is approximately 15–25 minutes from George Town by car via the Bayan Lepas Expressway and the Penang Island inner ring road. Queensbay Mall (Bayan Lepas) is 18 km from Penang's heritage city centre. By public bus (Rapid Penang), the journey takes 35–50 minutes. The Second Penang Bridge connects Bayan Lepas directly to Batu Kawan and Seberang Prai on the mainland, making it the most strategically positioned area on Penang Island for residents who commute between island and mainland.
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