From
RM531k
Price From
RM531k
M Zenni @ Batu Maung, Penang Review — Worth Buying?
NP Score
8.5/10
Strong Buy Signal
The case for buying
- Established developer Mah Sing Group with proven track record
- Freehold tenure offers long-term ownership and investment security
- Strategic Batu Maung location near Penang's commercial hubs
- Affordable entry price under RM550K for quality condo
- Growing area with strong rental demand and appreciation potential
The honest verdict
Value & Pricing
RM530,800 entry price is competitive for Penang's mid-range residential market, though pricing appears moderate relative to comparable freehold developments in the state; overall value proposition depends on unit specifications and amenities offered.
Location & Connectivity
Batu Maung offers reasonable accessibility within Penang's northern corridor with proximity to commercial areas, though the absence of nearby MRT connectivity limits long-term transit convenience compared to projects along planned rapid transit lines.
Risk & Timing
Completion timeline is not specified, creating uncertainty for investors regarding occupancy dates and capital returns; this information gap represents a material consideration for buyer decision-making and should be clarified with the developer before commitment.
Unlock the full data report — free with sign-in:
- Market price analysis — is it fairly priced?
- Investment analysis — rental yield & capital growth
- Loan eligibility — salary needed to buy
- Area income profile (DOSM)
- Comparable projects side-by-side
No payment needed · Takes 10 seconds
Project Details
Property Type
Condominium/Apartment
Land Tenure
Freehold
Bumi Discount
Not Available
About M Zenni @ Batu Maung, Penang
M Zenni @ Batu Maung, Penang Video Tour
Watch a video tour of M Zenni @ Batu Maung, Penang in Batu Maung, Penang, Penang. Condominium/Apartment by Mah Sing Group.
Video sourced from YouTube. Not affiliated with the developer.
More videos →Why Consider M Zenni @ Batu Maung, Penang?
Based on location data and market analysis
- ✓Established developer Mah Sing Group with proven track record
- ✓Freehold tenure offers long-term ownership and investment security
- ✓Strategic Batu Maung location near Penang's commercial hubs
- ✓Affordable entry price under RM550K for quality condo
- ✓Growing area with strong rental demand and appreciation potential
Investment Snapshot
Based on verified transaction data for Penang
Est. Monthly Rental
RM1,900–2,500
Based on similar properties in Penang
Gross Rental Yield
4.5%–5.5%
Annual rental / property price
Airbnb Estimate
RM4,200/mo
RM185/night × 76% occupancy · 9.5% gross yield
Area Price Trend
+10.6%
Verified sold prices 2021–2025
Price-to-Income
6.0x income
Lower = more affordable (avg 6.8x)
Estimates based on verified transaction data for similar properties in Penang (2021–2025). Not financial advice.
See full area analysis →Check subsale transaction history in Batu Maung, Penang
Browse real verified transaction prices for nearby properties
Can I afford this?
Estimate only — actual bank approval depends on your credit profile and existing commitments.
Est. monthly repayment
RM 2,173/mo
Based on 10% down, 35yr tenure at 4.2% p.a.
Minimum gross monthly income typically needed
RM 3,622/mo
Assumes no other debts, at a comfortable 60% DSR. Banks allow up to ~70% — existing car/personal loans lower how much you qualify for.
Check with your real income →Estimated cash needed upfront
Part of your down payment and stamp duty can often be covered using EPF Account 2 savings (subject to eligibility and withdrawal limits).
Full stamp duty & legal fee breakdown →Frequently Asked Questions
What is the price of M Zenni @ Batu Maung, Penang?▼
M Zenni @ Batu Maung, Penang starts from RM531k. Contact the developer directly on NewProjek for the latest pricing.
Where is M Zenni @ Batu Maung, Penang located?▼
M Zenni @ Batu Maung, Penang is located in Batu Maung, Penang, Penang, Malaysia.
Who is the developer of M Zenni @ Batu Maung, Penang?▼
M Zenni @ Batu Maung, Penang is developed by Mah Sing Group. They are a verified developer on NewProjek.
What type of property is M Zenni @ Batu Maung, Penang?▼
M Zenni @ Batu Maung, Penang is a Condominium/Apartment development with Freehold tenure.
What is the construction status of M Zenni @ Batu Maung, Penang?▼
Contact the developer for the latest construction status of M Zenni @ Batu Maung, Penang.
Berapa harga M Zenni @ Batu Maung, Penang?▼
M Zenni @ Batu Maung, Penang dijual bermula dari RM531k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.
Interested in M Zenni @ Batu Maung, Penang?
Connect directly with the developer. Real market prices.
Direct developer pricing
Price list within 24hrs
Free transaction report
Your details go directly to the developer. Straight to the developer's sales team.
Mah Sing Group
Malaysia's leading property developer with award-winning residential and commercial projects.
I confirm that I have read the privacy policy and allow my information to be shared with this developer who may contact me later.
View all projects by Mah Sing Group →Verified Transaction Data
What do units here actually sell for?
Real stamped SPA prices — not asking prices. From RM69.90.
Search Transaction Data →Follow for new-launch reviews
We review new launches like this one — verified prices, real verdicts, no fluff. Follow @newprojek.my so the next one finds you.