Under ConstructionFreehold

M Zenya

by Mah Sing GroupKepong, Penang

From

RM420k

Price From

RM420k

ReviewWorth ConsideringBased on verified transaction data

M Zenya Review — Worth Buying?

NP Score

9/10

Strong Buy Signal

The case for buying

  • Kepong location offers established amenities and neighbourhood stability
  • Mah Sing Group reputation ensures quality construction and completion
  • Freehold tenure provides long-term ownership security and value
  • Affordable RM420k entry price in sought-after Penang market
  • Strong rental demand potential in residential Kepong area

The honest verdict

Value and Pricing

RM420,000 entry price is competitive for a freehold condominium in the Kepong area, offering reasonable value for first-time buyers and investors seeking affordable urban properties, though the absence of premium finishes may justify the positioning.

Location and Connectivity

Kepong's established infrastructure and proximity to commercial hubs provide decent accessibility; however, the lack of nearby MRT connectivity limits long-term appeal compared to newer developments along rapid transit corridors, potentially impacting future resale demand.

Risk and Timing

The unspecified completion date presents uncertainty for buyers regarding possession timelines and market conditions; developers should clarify this urgently, and purchasers should assess their holding capacity and the broader Penang property market's maturity before committing capital.

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Project Details

Property Type

Condominium

Land Tenure

Freehold

Construction Status

Under Construction

Bumi Discount

Not Available

Why Consider M Zenya?

Based on location data and market analysis

  • Kepong location offers established amenities and neighbourhood stability
  • Mah Sing Group reputation ensures quality construction and completion
  • Freehold tenure provides long-term ownership security and value
  • Affordable RM420k entry price in sought-after Penang market
  • Strong rental demand potential in residential Kepong area

Investment Snapshot

Based on verified transaction data for Penang

Est. Monthly Rental

RM1,5002,000

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 · 12.0% gross yield

See Airbnb guide →

Area Price Trend

+10.6%

Verified sold prices 2021–2025

Price-to-Income

4.7x 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 Kepong

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 1,719/mo

Based on 10% down, 35yr tenure at 4.2% p.a.

52% Principal — RM 378,00048% Interest — RM 344,121

Minimum gross monthly income typically needed

RM 2,866/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.

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Estimated cash needed upfront

Down payment (10%)RM 42,000
Stamp duty (MOT + loan)RM 9,290
Legal fees (SPA + loan)RM 9,975
Total upfrontRM 61,265

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 →
Property PriceRM 420,000
Down Payment10%
Loan Tenure35 years
Interest Rate4.2% p.a.
Full loan calculator →

Frequently Asked Questions

What is the price of M Zenya?

M Zenya starts from RM420k. Contact the developer directly on NewProjek for the latest pricing.

Where is M Zenya located?

M Zenya is located in Kepong, Penang, Malaysia.

Who is the developer of M Zenya?

M Zenya is developed by Mah Sing Group. They are a verified developer on NewProjek.

What type of property is M Zenya?

M Zenya is a Condominium development with Freehold tenure.

What is the construction status of M Zenya?

M Zenya is currently Under Construction.

Berapa harga M Zenya?

M Zenya dijual bermula dari RM420k. Hubungi pemaju terus melalui NewProjek untuk senarai harga terkini.

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Mah Sing Group

Mah Sing Group

Kuala Lumpur
Verified Developer

Malaysia's leading property developer with award-winning residential and commercial projects.

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Verified Transaction Data

What do units here actually sell for?

Real stamped SPA prices — not asking prices. From RM69.90.

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